Award Criteria
There are a few key things that you should keep in mind when developing the award criteria for your procurement process. First, you need to make sure that the criteria are clear and concise. Second, the criteria should be objective and based on quantifiable information. Finally, the award criteria should be fair and reasonable.
When crafting the award criteria for your procurement process, clarity is key. The last thing you want is for there to be confusion or ambiguity surrounding the standards by which bids will be evaluated. Be as direct and specific as possible in establishing what factors will be considered in awarding the contract.
The award criteria should also be objective. In other words, they should be based on measurable or quantifiable information. This ensures that all bidders are evaluated according to the same standards and that subjectivity does not play a role in the decision-making process.
Finally, it is important to ensure that the award criteria are fair and reasonable. All bidders should have a chance to win the contract as long as they meet the established expectations. Unreasonable or impossible standards will only serve to discourage competition and could result in legal challenges down the road.