Also called evaluation criteria, this is developed by the buyer during procurement planning to rate responses from the sellers. The evaluation criteria could be as simple as the price for off the shelf standard items, or it could be a combination of factors for a more complex proposal. Following is a list of some examples of evaluation criteria.
• Cost - To evaluate the overall cost, you should consider all cost-related factors, such as:
o Purchase price
o Delivery cost
o Operating cost • Business aspects - This can include the following factors:
o Business size and type - Does the business size or type meet a condition set forth in the contract, such as being a small business or a disadvantaged small business?
o Financial capacity - Does the seller have the financial capacity to do the job, or is the seller in a position to obtain the necessary financial resources to do the job?
o Production capacity and interest - Does the seller have the capacity and the interest to meet future potential requirements?
o References - Can the seller provide reliable references (such as from previous customers) verifying the seller's work experience and history of compliance with contractual requirements? • Management approach - If the procurement itself involves a project, does the seller have the ability to execute management processes and procedures to run a successful project?
• Rights - The following rights can be considered:
o Intellectual property rights - Will the seller own the intellectual property rights for the work processes or services that will be used to produce the deliverables?
o Proprietary rights - Will the seller have the proprietary rights for the work processes or services that will be used to produce the deliverables? • Technical aspects - This includes the technical approach and capability:
o Technical approach - Will the technical methodologies, techniques, solutions, or services proposed by the seller meet the procurement requirements, or will they provide more than the expected results?
o Technical capability - Does the seller have or is the seller capable of acquiring the technical skills and knowledge required to produce the deliverables?
supports strategic direction on selection criteria?
Selection criteria are the job-specific skills, personal qualities, desirable qualifications, knowledge and experience that the selection panel believe are needed to perform the duties of the advertised position successfully. Applicants are assessed against these criteria to determine their merit for the position. The main purpose of selection criteria is to create a level playing field for all prospective applicants so that each applicant is given the same opportunity to apply for the job. Selection panels use selection criteria to shortlist written applications for interviews.
Some of the selection criteria for a successful tender includes: the fitness for purpose,maintenance and running costs,risks and warranty.
The selection criteria for relief valves is based on a number of factors. Some of them include size, design and the operating characteristics among others.Ê
The site should have enough capacity to hold water for desired number of years. It should also have some source of water inlet.
Selection criteria for sensors: it depends on operating principal, sensitivity, range, accuracy, errors, stability and reliabilty, availability, cost, power consumption, environmental conditions, .... Affy...
The site should have enough capacity to hold water for desired number of years. It should also have some source of water inlet.
True
Financial and non-financial
Size, Complexity and Application of design will decide the selection(Mostly CPLDs are used in bootups).
The conventional selection criteria for fruits and vegetables are that they grow quickly and create a visually appealing product. They are selected to be the most cost-effective product possible, rather than the most nutritious.
To verify information you retrieve from the Internet you can use these criteria to evaluate the source.