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If that is the case, you might find of interest remembering the PMP® procurement sourcing criteria, which most IFI´s closely follow in their procurement processes:

(transcription from PMBOK Guide 5th Edition)

  • Understanding of need: How well does the seller´s proposal understand tht procurement statement of work
  • Over-all or life cycle cost: will the selected seller produce the lowest total cost of ownership (purchase cost plus operating cost)?
  • Technical capability: Does the seller have, or can the seller reasonablyexpected to acquiere, the technical skills and knowledge needed?
  • Risk: How much risk is embedded in the statement of work, how much risk will be assigned to the selected seller and how does the seller mitigates risk?
  • Management approach: Does the seller have or is the seller reasonaly expected to develop, management processes and procedures to ensure a successful project?
  • Technical approach: Do the seller proposes technical methodology, techniques, solutions, and services meet the procurement document requirements or are they likely to provide more or less than the expected results?
  • Warranty: What does the seller propose to warrant for the final product / service and for what time of period?
  • Finantial capacity: Does the seller have, or can the seller reasonably be expected to obtain, the necessary finantial resources?
  • Production capacity and interest: Does the seller have the capacity and interest to meet potential future requirements?
  • Business size and type: Does the seller´s enterprise have a specific category of business, such as small business (disadvantage, specific programs, etc) as defined by the organization or stablished by guvernmental agency and set forth as a condition of the agreement award?
  • Past performance of sellers: What has been the past experience with selected sellers?
  • References: Can the seller provide references from prior customers verifying the seller´s work experience and compliance with contractual requirements?
  • Intellectual property rights: Does the seller assert intellectual property rights in the work processes or services they will use or in the products they will produce for the project?
  • Proprietary rights: Does the seller assert propritary rights in the work processes or services they will use or in the products they will produce for the project?