BIDDERS EVALUATION CRITERIA A B C Price K2,992,000.00 K3,185,000.00 K4,606,000.00 Delivery period 8 weeks 6 weeks 4 weeks Warranty 2 year 3 years 1 years After-sales support Yes Yes Yes Payment terms 30% with order 70% on delivery 80% with order 20% one month after delivery 50% with order 50% on delivery Required: a) Identify and write the material that you believe makes recommending a winner difficult in this evaluation. b) Using the new information from question (a) above, offer a ranking of the bidders and comment on each of their findings.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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BIDDERS

EVALUATION CRITERIA

A

B

C

Price

K2,992,000.00

K3,185,000.00

K4,606,000.00

Delivery period

8 weeks

6 weeks

4 weeks

Warranty

2 year

3 years

1 years

After-sales support

Yes

Yes

Yes

Payment terms

30% with order 70% on delivery

80% with order 20% one month after delivery

50% with order

50% on delivery

Required: a) Identify and write the material that you believe makes recommending a winner difficult in this evaluation.
b) Using the new information from question (a) above, offer a ranking of the bidders and comment on each of their findings.

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