Two envelope contract is to be constructed where each contractor submits two envelopes: technical and financial...

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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 с 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 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 с 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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