13/10/2026
Ever wondered how bids are evaluated?
Most people believe winning a tender is just about offering the lowest price.
Yes, it's true. But price comes last.
In fact, your bid goes through an evaluation process with five steps
The procuring entity checks
1️⃣ Bid Submission: Whether you submit your bid before the deadline.
2️⃣ Initial screening for compliance: Whether your bid meets the mandatory requirements.
3️⃣Technical evaluation: Whether your bid meets technical specifications.
4️⃣ Financial evaluation: Whether your price is competitive.
5️⃣ Award: Then you're awarded the contract.
So, you see? Price comes last.
