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How to Quote
Understanding how Quotations are Evaluated
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Understanding how Quotations are EvaluatedThe criteria that is used to assess your quotation will be specified in all Request for Quotation (RFQ) documents. This criteria is used by the contracting agency to assess the relative strengths and weaknesses of each quotation. Knowing how your quotation will be evaluated will enable you to focus your efforts on those areas which are considered important by the contracting agency. First and foremost, your quotation will be assessed to see if it complies with the Conditions for Participation (mandatory requirements) and any other mandatory conditions. If it doesn't, it will be considered to be non-conforming and eliminated from further evaluation. An assessment is then undertaken against each of the non-cost evaluation criteria. These will be specified in the RFQ documents and may include:
A value for money assessment of each quotation is then undertaken. This does not necessarily mean choosing the cheapest price. When assessing value for money the contracting agency will weigh up the benefits of your quotation against its whole-of-life costs. The value for money assessment may include consideration of wider benefits to the State, such as providing local employment opportunities.
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This page has been developed by the Department of Treasury and Finance.
Questions regarding its content or presentation may be directed to the purchasing@treasury.tas.gov.au or by post to The URL for this site is http://147.109.254.182/winninggovernmentbusiness |