tender evaluation criteria

Tender evaluation criteria are the standards and benchmarks used to assess and compare proposals submitted by bidders in response to a request for tender. These criteria often include factors such as price, quality of the product or service, bidder experience and qualifications, delivery timelines, and compliance with specifications. The goal is to ensure that the selected bid offers the best value for money while meeting the project's requirements. Evaluators score each tender based on these criteria, allowing for a fair and transparent selection process.