Category: Procurement
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Tender or State Aid for R&D Projects
It can be difficult to distinguish whether if a project is classified as State Aid or subject to competition. OJEU (Tenders) State Aid 1) Aid is granted through resources 2) )Favours certain companies or the production of certain goods 3) Distorts or threatens to distort competition 4) Affects trade between members OJEU- mandates companies…
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Procurement Function & Governance
The procurement function should uphold risk management initiatives and be prepared to deal with unexpected events. A governance process is required for both internal and external stakeholder’s external events. Managing contracts, people and money can be tricky especially when problems arise, sometimes matters can even arise on a daily basis. Never presume that governance is…
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Quick Formulas
Price difference (new-original)/original X100 Tender Score actual score/max score X weighting Price score lowest price /tender price X weighted percentage
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Price Evaluation & Commercial Score Explained
Calculating Price Score in a Tender In this article, I will explain the initial principle of the price evaluation and how it’s used as a commercial score or price score. The calculation involves breaking down the price elements and organisations can use different options, the formula explained is the last stage of the price calculation.…
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