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Evaluation of Tender Responses and Associated Risks for Desklib

   

Added on  2023-04-23

10 Pages2752 Words232 Views
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Project and Finance
Procurement
Evaluation of Tender Responses and Associated Risks for Desklib_1

Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
1. Detailed evaluation report of all tender responses:..................................................................3
2. Identification of the risk associated with each tender..............................................................4
3. Maximum whole-of-contract budget:......................................................................................6
CONCLUSION................................................................................................................................9
REFRENCES.................................................................................................................................10
Evaluation of Tender Responses and Associated Risks for Desklib_2

INTRODUCTION
Coordination between activities related to finance and procurement divisions is vital in order
to attain long-term objectives of a business organisation and to achieve targeted return on
investment. Finance and Procurement are significant aspects for an organisation for identification
of opportunities. In large organisation, tenders are part of process of finance and procurement
departments (Akintoye and et.al., 2013). This report exhibits a critical evaluation of various
tender responses and various risks linked with each tender response. This report also describes a
maximum whole-of-contract budget to evaluate viability.
TASK
1. Detailed evaluation report of all tender responses:
In order to analyse the report of various tender responses, it is crucial for the company to
make evaluation of all the risk and financial performances. A project finance structure is involve
a number of equity stakeholder as well as other investors. It will be more suitable for companies
to analyse the internal department of the company. Thus, all responses must be evaluated before
taking any kind of decision for tender. All four companies’ responses are evaluated below:
Jim and Jane green: According to the response report of this cleaning services company
in which the proposal of tender has been apprise perfectly. The company think that getting work
with commonwealth is one of the dream since so many year. After visiting to the Jones
production research and development, areas as well as the refreshment provided (Dada and Hu,
2018). It was clearly seen from the report that they are bit confused about their working
requirements and forms. The company think because the overall performance it not so effective
thus chances of working together is very low.
Special cleaning response: As per the report, it has been evaluated that on request for tender in
respect to the provision of cleaning services to jones manufacturing agency they are must more
satisfy with the response come from the agency. They are highly obelize after getting the tender
request proposal during site visit on 24 January. This allow special cleaning to gauge the scope
of work they wanted from the company. They are fully confident of meeting their entire
requirement that is the demand by organisation on existing capacity (Anvuur, Kumaraswamy,
and Male, 2016). The overall reaction of internal department is more reliable as per the provision
Evaluation of Tender Responses and Associated Risks for Desklib_3

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