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Two envelope contract is to be constructed where each contractor submit two envelops; technical and financial envelope. Select the best contractor considering the following information:

Two envelope contract is to be constructed where each contractor submit two envelops; technical and financial envelope. Select the best contractor considering the following information:

Criterion

Contractors

A

B

C

Bid amount (SR)

8,500,000

7,500,000

9,000,000

Life cycle cost (SR)

2,500,000

2,600,000

2,000,000

Experience (years)

25

18

20

Project duration (Months)

20

22

18

Construction Method (Descriptive)

E

VG

G

Assume that: Excellent = 95%, very good = 75 % and good = 55%.

Financial evaluation = 40% of them 25% on bid amount only.

Technical evaluation is distributed equally for all criteria.

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