Question:
In case of bids in Two-Envelope System, the correct option is
In case of bids in Two-Envelope System, the correct option is
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In the Two-Envelope System, technical bids are evaluated first to ensure that only qualified bidders proceed to the financial evaluation stage.
Updated On: Dec 30, 2025
- Technical bid is opened first
- Financial bid is opened first
- Both (Technical and Financial) bids are opened simultaneously
- Either of the two (Technical and Financial) bids can be opened first
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The Correct Option is A
Solution and Explanation
In the Two-Envelope System for bids, the technical bid is opened first. The technical evaluation is done to check whether the bidder meets the required technical specifications. Only after the technical bids are evaluated and accepted, the financial bids are opened. This helps to ensure that the financial evaluation is done only for technically qualified bidders. Therefore, the correct answer is (A).
Final Answer: Technical bid is opened first
Final Answer: Technical bid is opened first
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