Answered step by step
Verified Expert Solution
Link Copied!

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
image text in transcribed
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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Routledge International Handbook Of Financialization

Authors: Philip Mader, Daniel Mertens, Natascha Van Der Zwan

1st Edition

1138308218, 978-1138308213

More Books

Students also viewed these Finance questions

Question

25.0 m C B A 52.0 m 65.0 m

Answered: 1 week ago

Question

5. Prepare for the role of interviewee

Answered: 1 week ago

Question

6. Secure job interviews and manage them with confidence

Answered: 1 week ago