Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please answer using technical analysis Two envelope contract is to be constructed where each contractor submits two envelopes; technical and financial envelope. Select the best
please answer using technical analysis
Two envelope contract is to be constructed where each contractor submits two envelopes; technical and financial envelope. Select the best contractor considering the following information: Note: E= excellent @100\%,VG = very good @80\%, G= good @60\% and P= poor @ 40\% Given that: 1. Financial evaluation =40%, of them, 30% on Bid amount only. 2. Technical evaluation is distributed evenly on all criteria. Two envelope contract is to be constructed where each contractor submits two envelopes; technical and financial envelope. Select the best contractor considering the following information: Note: E= excellent @100\%,VG = very good @80\%, G= good @60\% and P= poor @ 40\% Given that: 1. Financial evaluation =40%, of them, 30% on Bid amount only. 2. Technical evaluation is distributed evenly on all criteria Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started