Construction of Admin Block at Ttumeleng Primary Schoo! in Gaborone, fr the 2019-20 Constituency Projects in Gaborone District Region 3, Stage 3: Financial Evaluation ‘A cost evaluation only of the technically compliant bids shall be conducted in this stage. In evaluating the tenders, the Evaluation Team will determine for each tender the Evaluated Tender Price by adjusting the Tender Price as follows: a) Fully priced items in Bill of Quantities, b) Check arithmetic errors and arithmetic accuracy. ©) Analysing the reasonableness of the major rates and build-up of the tender price (as compared with Procuring Entity’s rates). 4d) Consistency of rates within trades throughout the Bill of Quantities. e) Pricing tendency throughout the Bill of Quantities (whether balanced, front or back-loaded) f)_Reasonableness of Preliminaries and General Items build up. 9) VAT shall be indicated separately h) Inclusion of VAT in the Final Summary. i) Where applicable, the Presidential Directive CAB 14 (B)/2015 on Price Preference as per Local Procurement Scheme will apply in this tender. 4) Where applicable, the Presidential Directive CAB 34 (B)/2014 on Economic Diversification Drive (EDD) will apply in this tender. This applies only to manufacturing companies and should submit @ copy of certificate indicating turnover threshold EDD Certificate ‘The Pre-Tender estimate is P 950 000.00 (This is for guidance only, reasonable, lowest and com| jidders may quote any amount but award will be to the fair, jant bidder). 4. Condition of Award a) Subject to Section 1 paragraph 7 and 8 of the Conditions of Tender, the Evaluation Team will recommend award of the Contract to the tenderer whose tender has been determined to have fully complied with the requirements of the Conditions of Tender, section 1 to 3 and who has offered @ ‘Competitive Price. b) In case the selected bidder Is disqualified for whatever reason from this tender, Gaborone City Council will offer to the next lowest qualifying bidder. NOTE: The successful tenderer will be required to provide the following additional information which will form part of the contract prior to signing the contract as listed below: * Contractor's All Risks Insurance Cover + Advance Payment Guarantee for Mobilization Loan (Optional) 5. Acceptance ‘The employer is not obliged to accept the lowest evaluated offer or any of the tenders submitted, or to Incur expenses in the preparation of the tender offers. ‘sccm Part (Tender Section Page 90187