This section describes the RFP evaluation process that Work Teams shall establish to evaluate bids from shortlist bidders in a Privatization RFP process. Evaluation of bids is the process of weighted scoring of each bid received, based upon the objective and consistent application of the criteria identified in the RFP. The process shall be thoroughly documented, to ensure compliance with all applicable procedures.
This section also describes the institutional requirements for setting up the evaluation team and performing evaluations of bids in a RFP process.