Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697807113329.pdf (India)
QUALITY COST BASED SYSTEM Illustration STAGE 1: TECHNICAL BIDS EVALUATION Bidder details Technical Mark Obtained Bidder1 Bidder2 Bidder3 Bidder4 92 85 55 75 QCBS Grading System Grade Range Marks 91-100 Outstanding 81-90 Excellent 71-80 Very Good 61-70 Good 51-60 Very Fair 41-50 Fair 31-40 Average Below Average 21-30 11-20 Poor 1-10 Very Poor 0 Zero 100 90 80 70 60 50 40 30 20 10 0 STAGE 2: Conversion of Technical Marks to Technical Score Bidder details Technical Score based on Grading System Bidder1 Bidder2 Bidder3 Bidder4 100 90 Rejected * 80 *Since the eligible technical score should be 70 &above, bidder 3 is rejected STAGE 3: FINANCIAL BID EVALUATION Bidder details Bidder1 Bidder2 Bidder4 Financial Bid Amount 1,30,000 1,20,000 1,00,000 Stage 4: Conversion of financial bid amount to score Bidder Details Bidder1 Financial Bid Amount Financial Score (LFB/F*100) 1,30,000 100000/130000*100=76.92 Bidder2 1,20,000 100000/120000*100= 83.33 Bidder4 1,00,000 100 LFB = Lowest Financial Bid, F = Quoted Amount Consolidated Technical & Financial Score Bidder Details Technical Score Bidder 1 Bidder 2 Bidder 4 100 90 80 Financial Score 76.92 83.33 100 Stage 5: Combined Technical and Financial Score (CTFS) With Weightage 70:30 Bidder Details Bidder1 Bidder2 Bidder4 Applying weights for the Technical Score & Financial Score 100*(70/100) + 76.92*(30/100) 90*(70/100) + 83.33*(30/100) 80*(70/100) + 100*(30/100) 86 (56+30) 93.07 (70+23.7) 87.99 (63+24.99) L1 L2 L3 CTFS Rank of the Bidder