You are appointed by the government as part of the committee to evaluate the tendersubmitted for renovation work in University Malaya. Explain in brief FOUR (4) theimportance of supporting documents during the tender evaluation process.

The scope and obligations of the bidder both during the bidding process and for the procurement…

Answered: You are appointed by the government as…

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 5.1SA

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Q: What is the purpose for providing a fair system of tendering? Explain using your own words why it is required to have a fair tendering system/process contract and support your answer with one or more example(s).
Generally, Contractors submit Tenders based on the Instructions to Tender (ITT) for the Client’s consideration and acceptance. In the same manner, shoppers go to supermarkets to shop. A shopper picks a double fridge on display. The price tag on the television is GHS 15,400.00. He walks to the counter and requests for a discount thereafter makes payment. i. Explains what constitutes offer in the scenario. ii. Explains what constitutes acceptance in the scenario. iii. Discuss when a Contract is formed between the parties?
Suppose that the Designer on your project team abruptly resigned his position. Instead offilling the vacancy internally, you decide to procure the services of a well-known externalconsultant to assist with the user interface design.a) Identify your choice of procurement document(s) as the mostsuitable to solicit the consultant’s services.
33. Two offers were received by the broker at the same time, what action must the broker take? о Only present the offer with the least number of contingencies. О Only present the highest offer. Wait 24 hours for more offers to come in and present them all together. О Present both offers to the seller.
SLO 7.1. The purpose of a requisition is: To request or requisition supplies from external suppliersTo give users a way to authorize buyers to acquire goods and servicesTo clarify the description of need before communicating with potential suppliersTo solicit price quotes for goods or services from suppliersTo give finance a way to have the final say in any decision to spend money SLO 8.1. Online reverse auctions are typically used when: Specifications are clearly definedThere is a competitive supply market with qualified suppliers willing to participateThe buyer is prepared to switch suppliers if necessarySpecifications are clearly defined and there is a competitive supply market with qualified suppliers willing to participateSpecifications are clearly defined, there is a competitive supply market with qualified suppliers willing to participate, and the buyer is prepared to switch suppliers if necessary
short answer define and explain request for information (RFI), request for quote (RFQ), request for proposal (RFP) and the contract management process?
SLO 8.2. If the buyer does not have a clear and unambiguous description or specification and wants to find out which supplier can deliver the best value when and where needed, he or she will typically issue a: Request for quotation (RFQ)Request for proposal (RFP)Request for information (RFI)Request for bid (RFB)Request for suggestions (RFS) SLO 9.1. Blanket purchase orders: Reduce costs by decreasing the number of purchase orders issuedCover multiple purchase requirements on one orderAre difficult to prepareReduce costs by decreasing the number of purchase orders issued and cover multiple purchase requirements on one orderReduce costs by decreasing the number of purchase orders issued, cover multiple purchase requirements on one order, and are difficult to prepare
S1: Cost plus contract is a contract used on long term construction contracts in which the contractor agrees to a contract price that is fixed, either at the inception or at a fixed rate per unit of output, which in some cases may be subject to cost escalation clauses.S2: Variable contract is a construction contract in which the contractor is reimbursed for allowable or otherwise defined costs, plus a percentage of these costs or a fixed fee S1 True; S2 False Both are true Both are false S2 True; S1 False
26. What best describes the pre-contractual activities in procurement administration? a. All activities undertaken before the issuing of the purchase order O b. All activities undertaken before the delivery is made c. All activities undertaken before the award signing of a contract d. All activities undertaken before supplier selection
The Jennings Construction Company has decided to bid on the construction for each of the two phases of a large project. The bidding requirements are that the costs for each phase be submitted separately together with a transition cost for turning over the first phase of the program to a second contractor should Jennings not receive both awards or perform unsatisfactorily on the first phase. The evaluation for the award of the second phase will not be made until the first phase is near completion. How can the transition costs be identified in the strategic planning model?
Describe the nature of each of the ‘dropping a product or service’ and ‘special contract’ decisions for which the CVP technique can be useful.
S1: Cost plus contract is a contract used on long term construction contracts in which the contractor agrees to a contract price that is fixed, either at the inception or at a fixed rate per unit of output, which in some cases may be subject to cost escalation clauses. S2: Variable contract is a construction contract in which the contractor is reimbursed for allowable or otherwise defined costs, plus a percentage of these costs or a fixed fee. A. S2 True; S1 False B. S1 True; S2 False C. Both are false D. Both are true

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You are appointed by the government as part of the committee to evaluate the tender submitted for renovation work in University Malaya. Explain in brief FOUR (4) the importance of supporting documents during the tender evaluation process.