Question: Two envelope contract is to be constructed where each contractor submits two envelopes: technical and financial envelope. Select the best contractor considering the following

Two envelope contract is to be constructed where each contractor submits two

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: Criterion Bid amount (10 SR) Life cycle cost (10 SR) 8.2 A 2 35 B 6.5 1.4 18 Contractors Years in business Project duration (months) 19 24 21 Reputation and staff G VG G E Note: E = Excellent @ 100%, VG = very Good @ 80% , G = Good @60% Given that: 6 2.2 16 23 D 9.2 1.8 27 E 7.5 1.4 10 22 VG a) [Financial evaluation = 40% of them, (where 30% on Bid amount only)] - and the rest criterion have equal weights b) Technical evaluation is distributed evenly on all criteria

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