What stage involves selecting a winning tender?

Selecting a winning tender occurs during the tender selection stage. This is the phase in which all the submitted tenders are reviewed, analyzed, and compared against the predefined criteria set forth in the tender documents. The process involves assessing the proposals for their compliance with requirements, quality of the response, cost considerations, and the overall capability of the bidders to fulfill the project objectives.

During tender selection, the evaluation team typically ranks the tenders based on these criteria. The selected tender is then deemed the winning bid and typically represents the best value for the project, aligning with both technical requirements and budgetary constraints. This stage is crucial as it directly influences the outcome of the procurement process and ensures that the selected contractor will meet the project's needs effectively.