A request for qualification (RFQ) is the process by which the Work Team will confirm that there is a sufficient number of interested and qualified bidders to participate in a request for proposal (RFP) process for a Privatization project, and determine which of these interested bidders are the most qualified. This process will help narrow the field to a shortlist of the best-qualified firms, which will reduce the cost of the procurement to both the government and private bidders. Typically, the shortlist will include from three to five bidders. The goal is to ensure that there are sufficient well-qualified bidders to participate in a competitive and meaningful bid process yet not many as to make it administratively burdensome to analyze the bids.
The Work Team shall develop the draft RFQ based upon the RFQ template provided in the Rules. Deviations from the RFQ template must be approved in writing in advance by NCP.
The RFQ shall be prepared in accordance with this Manual, the Third File, and the Procurement Plan. The Work Team shall also ensure the RFQ reflects the details and representations made in prior advertisements and project marketing, so long as these are consistent with the Third File and Procurement Plan, as approved by the Supervisory Committee.
The RFQ shall provide a description of the project and establish the qualifying process, set out the qualifying criteria, and describe how the Work Team will review and evaluate each Statement of Qualification (SOQ) submitted by bidders. The RFQ shall be issued in English. The Work Team shall work with the advisors and NCP to establish the appropriate criteria to qualify bidders.