when selecting a contractor based on the best bid the scoring of the technical proposal is completed after its opened- True.
The fundamental goal of the bid evaluation process is to pick the most competitive bid among those made available before the bid deadline on the date stated in the bid solicitation, using the evaluation and selection criteria outlined in the solicitation document.
The responsive bid that provides the best value may or may not be the one with the lowest price. A logical, systematic evaluation procedure spanning all components of the evaluation process must be followed in order to accurately evaluate optimal value.
Before starting the real technical and financial examination of bids, it is vital to guarantee that all the information required at bid closing is available and ready to be transmitted to the evaluators.
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