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Formats  › Tendering & Contracts  › Bid Comparison Statement
Form · FMT-TND-010

Bid Comparison Statement (Techno-Commercial)

8 fields across 4 sections. Prepared by tender committee after bid opening — basis for award letter (LOA).
8 Fields
4 Sections
Per tender
Tender Committee, Director / Sanctioning Authority

Format Preview

S.No.Field / CheckpointReferenceStatus
A. BIDDER LIST
A1Names of bidders + LBN / BoQ comparison
Acceptance: Pre-bid PQ qualification verified
All technically qualified bidders
OK
NC
NA
B. TECHNICAL EVALUATION
B1Compliance score per bidder
Acceptance: Min. cut-off for technical typical 70-80%
Marking scheme per NIT — quality cum cost based
OK
NC
NA
B2Deviations from specification
Acceptance: Material deviations flagged
List for each bidder
OK
NC
NA
C. PRICE COMPARISON
C1Quoted price + corrected price (arithmetic errors)
Acceptance: Correction noted in comparison
CPWD Para 36 — arithmetic errors correction
OK
NC
NA
C2Ranking L1 / L2 / L3 by corrected price
Acceptance: Ranking unambiguous
L1 lowest
OK
NC
NA
C3Price reasonableness — comparison vs estimate
Acceptance: Variance documented + justified
L1 vs estimated cost; >10% above triggers re-tender consideration (CPWD)
OK
NC
NA
Showing 6 of 8 fields ·
A. BIDDER LIST
A1Names of bidders + LBN / BoQ comparison
All technically qualified bidders
Pre-bid PQ qualification verified
OKNCNA
B. TECHNICAL EVALUATION
B1Compliance score per bidder
Marking scheme per NIT — quality cum cost based
Min. cut-off for technical typical 70-80%
OKNCNA
B2Deviations from specification
List for each bidder
Material deviations flagged
OKNCNA
C. PRICE COMPARISON
C1Quoted price + corrected price (arithmetic errors)
CPWD Para 36 — arithmetic errors correction
Correction noted in comparison
OKNCNA
C2Ranking L1 / L2 / L3 by corrected price
L1 lowest
Ranking unambiguous
OKNCNA
C3Price reasonableness — comparison vs estimate
L1 vs estimated cost; >10% above triggers re-tender consideration (CPWD)
Variance documented + justified
OKNCNA
Showing 6 of 8 ·
Approval / Sign-Off
APPROVED
HOLD — REVISIONS REQUIRED
REJECTED
Overall Verdict
Name / Sign / Date
Prepared By — Name / Sign
Name / Sign / Date
Reviewed By — Name / Sign
Name / Sign / Date
Approved By — Name / Sign
Name / Sign / Date
Date & Time
Name / Sign / Date
Remarks
Name / Sign / Date

Engineer's Notes — Bid Comparison Statement (Techno-Commercial)

Why the Bid Comparison Statement matters

The Bid Comparison Statement is the central decision document in any government, PSU, or large private procurement. After bid opening, the tender committee uses this statement to: - Rank bidders as L1 / L2 / L3 by quoted + corrected price - Compare technical compliance across bidders - Flag deviations that affect comparability - Recommend award to competent authority - Defend the award against vigilance / CAG / CVC audits + court challenges

In India, tender award decisions are heavily audited: - CAG (Comptroller + Auditor General) — for govt projects - CVC (Central Vigilance Commission) — vigilance angle - Department of Expenditure — financial propriety - State Lokayukta — for state govt tenders - High Court / Supreme Court — disqualified bidders frequently file writ petitions

Without a defensible, transparent techno-commercial Bid Comparison Statement: - Award decisions get challenged + stalled - L2 bidders file writ; tender stuck for 12-24 months - Vigilance proceedings against committee members - Award cancelled by court; re-tender required - Personal accountability for committee members

Governed by: - CPWD Works Manual 2019 (paragraphs 30-50 on tender evaluation) - General Financial Rules (GFR) 2017 (Chapter 6 on procurement) - Manual for Procurement of Works 2022 (MoF) - CVC Circulars on tender evaluation - NHAI Standard Bidding Documents + state PWD circulars

How bid comparison works

Two-stage tender process (most common):

Stage 1 — Technical bid opening: - Both technical + financial bids submitted - Only technical bids opened first - Technical evaluation done - Technically qualified bidders identified - Financial bids of unqualified bidders returned unopened - Technical disqualification grounds documented

Stage 2 — Financial bid opening: - Only technically qualified bidders' financial bids opened - Public bid opening (in presence of bidders) - Read-out + recorded - Arithmetic errors identified + corrected per CPWD Para 36

Standard 4-section Bid Comparison Statement:

A. Bidder list: - Names of all bidders - Pre-qualification status (qualified / disqualified + reason) - Bid security (EMD) verified - Bid validity check - Authorisation letters / signatures - Local Bidding Norms (LBN) compliance if applicable

B. Technical evaluation: - Marking scheme per NIT (typically out of 100) - Sub-criteria: - Past similar work experience (typically 30-40 marks) - Financial standing (10-15 marks) - Technical capacity — machinery + manpower (10-15 marks) - Project management methodology (10-20 marks) - Quality + safety systems (5-10 marks) - Compliance with specifications (10-15 marks) - Each bidder scored individually + collegially - Minimum cut-off typically 70-80% — bidders below this disqualified - Deviations from specifications listed per bidder: - Material: affects scope / cost / time — typically disqualifying - Procedural: minor — bidder asked to confirm withdrawal - Beneficial to employer: e.g., extended warranty — accepted - Technical score finalised

C. Price comparison: - Quoted price as submitted - Corrected price after arithmetic correction: - Unit × quantity ≠ amount: amount corrected - Item totals adjusted - Grand total recomputed - Sub-total + grand total mismatch: per CPWD Para 36, unit rate prevails over total - L1 / L2 / L3 ranking by corrected price - Price reasonableness check: - Compared to estimated cost (from internal estimate) - L1 > 10% above estimate: re-tender consideration (CPWD) - L1 < 10% below estimate: lowest acceptable; may need price negotiation if too low - L1 < 25% below estimate: "abnormally low bid" — performance security review - Component-wise analysis (for major BOQ items): - Per-item rate comparison across bidders - Identifies pricing strategies - Flags items where bidder might be over-pricing for cushion

D. Award recommendation: - L1 recommended as default - Conditional acceptance items (if any): bidder accepts before award - Award value (corrected price) - Performance security amount + bond format - Mobilisation advance + interest - Schedule + completion period - Tender Committee approval + signatures - Competent Authority approval (per delegation): - PM / Executive Engineer up to ₹X crore - Superintending Engineer up to ₹Y - Chief Engineer up to ₹Z - Director / Board above - Final approval logged

Common bid comparison failures

1. Pre-qualification disputed — bidder challenges PQ disqualification; show-cause notices; tender stuck.

2. Material deviation accepted — deviation that should have disqualified is accepted; later challenged.

3. Marking scheme arbitrary — subjective scoring favouring particular bidder; vigilance issue.

4. Arithmetic correction wrong — Para 36 misapplied; price calculation incorrect; award basis flawed.

5. L1 negotiated downward — illegal under most rules; L1 cannot be asked to reduce post-bid; complaints from L2.

6. L1 disqualified post-opening — disqualification reason not water-tight; writ challenge succeeds; award reversed.

7. Sub-vendor + JV evaluation confusion — Joint Venture or sub-vendor relationships not clarified; experience claims disputed.

8. Abnormally low bid (ALB) — L1 quotes 30% below estimate; risk of non-performance; should require additional security but isn't done.

9. Award above L1 — sometimes done on "non-cost criteria"; valid only if Quality Cost Based Selection (QCBS); else illegal.

10. Late submission accepted — bid submitted past deadline accepted; serious procedural violation.

11. Bid security not verified — EMD not deposited or wrong amount; should disqualify; sometimes condoned.

12. Conditional bid accepted — bidder adds conditions ("subject to material availability"); should disqualify; sometimes accepted.

13. Tender Committee composition wrong — required quorum not met; signatories not authorised; technically void.

14. No estimate available — internal estimate not prepared / not on file; reasonableness check impossible.

15. Re-tender for non-L1 reasons — to favour preferred bidder; pure abuse; vigilance issue.

16. Negotiated tender without justification — single source / negotiated tender used without recorded justification per GFR Rule 154.

17. GST treatment inconsistent — bidder A inclusive, bidder B exclusive; rates not comparable; should be normalised.

Cross-references

Companion formats: - BOQ Format PWD-style (FMT-TND-006) - Pre-Bid Query Register (FMT-TND-009) - Comparative Statement (FMT-TND-011) — alternative format - Letter of Intent (FMT-TND-013) - Letter of Award (FMT-TND-014) - Performance Bank Guarantee (FMT-TND-015) - Item Rate Analysis (PMC-PRC-FRM-011) — for star items in bids - Vendor Qualification (PMC-PRC-FRM-009)

Standards + references: - CPWD Works Manual 2019 — Chapter on Tender Evaluation; Paras 30-50 + 36 (arithmetic corrections) - General Financial Rules (GFR) 2017 — Chapter 6 + Rules 144-160 on procurement - Manual for Procurement of Works 2022 — MoF, GoI - CVC Tender Evaluation Guidelines — vigilance perspective - GeM (Government e-Marketplace) Guidelines — for e-procurement - NHAI Standard Bidding Documents — for highway projects - State PWD Codes / Manuals — state-specific procurement guidance - PSU Procurement Manuals — PSU-specific (NTPC / SAIL / NHAI / etc.) - FIDIC Tendering Procedures — international reference - World Bank / ADB / JICA Procurement Guidelines — for externally-funded projects