A contract is usually awarded to the supplier(s) that considers offers the best value for money.
For this reason, the main evaluation criterion will be the "most economically advantageous tender" as determined by the criteria set out in the tender documents. The award criteria varies depending on the type of contract. Examples of award criteria, in addition to price, are experience, technical merit, financial viability, flexibility to future changes to requirements, speed of project delivery, sustainability, quality and equalities.
Award of contract
An evaluation team will examine each tender received and make recommendations as to which tender represents best value for money. Once the contract has been awarded, both the successful and unsuccessful tenderers will be notified. Unsuccessful tenderers may obtain feedback through written application. From 31 January 2006 a ruling for all procurements carried out under the EU Public Procurement Regulations requires a 10 day stand-still period between the notification of the successful bidder and the contract award.
Testimonial
You have obviously tried and succeeded in making the training package as bright and interesting as possible. You have included various tools and other relevant information that will be very useful to potential contract providers. The interactive nature of the training and the self-assessment questions with answers should prove invaluable to learners, especially when focussing on specific areas.
I thought it is very comprehensive in the coverage of the information small businesses need when applying for public procurement contracts. It was well presented, and as far as I could see in the time available, and from my limited knowledge of public procurement, was accurate. (Senior Lecturer in Procurement - Cabinet Office)