Perform quote evaluation and awarding - Intergraph Smart Materials - 10.2 - Help - Hexagon

Intergraph Smart Materials Web Help (10.2)

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10.2

Evaluation of quotes is an essential part of the collaboration among engineering, procurement, and bidder. During the creation of a requisition, engineering determines if a technical evaluation (TE) is to be done or not. A commercial evaluation is the mandatory part of an inquiry.

Commercial evaluation ensures a representative and comparable bid analysis. While the bid creation is already part of that aim, the evaluation of bids makes certain that the best total price, with the lowest risk for the project, is selected.

Commercial evaluation is part of the bidding cycle and is on a par with the technical evaluation, which means both evaluations can be a precondition for the supplier award.

Commercial evaluation of quotes in general marks the step before bidder selection. The final step – the approval of a bidder selection – is a simple workflow. However, the process to get to this final step is much more complex. Smart Materials provides a wider definition of the commercial evaluation process.

To perform commercial evaluation, proceed as follows: