Evaluation, Tender

The systematic and structured evaluation of suppliers’ offers. The outcome of tender evaluation is the selection of the successful offers. However the processes through which the offers are evaluated may vary from organisation to organisation. In the public sector, the evaluation strategy will have been developed before tenders are issued and will involve a structured, transparent and defensible process. The complexity of tender evaluation tends to vary with the value of the contract and in some cases a formal evaluation team will evaluate the tenders and recommend who should be successful. See also Evaluation, Technical.

Driving Strategic Sourcing Initiatives and Tender Evaluation training is available at Academy of Procurement.

Related Articles:
« Back to Glossary Index

Discover the world’s largest Glossary of Procurement terms

With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.