Evaluation criteria

Suppliers should ensure they read all information provided in a request for tender (RFT) or quote (RFQ) and familiarise themselves with the specifications and conditions. Federation University procurement decisions are made considering the total cost of ownership and risk analysis, including how they may affect the University’s financial position, reputation and strategic outcomes.  RFT or RFQs are carefully planned before going to market. They include specified criteria used by the buyer or evaluation panel to assess submissions, which are generally made up of the following evaluation criteria:

1. Conditions – does the tenderer comply with mandatory & contract requirements?
2. Non-cost evaluation – does the tenderer meet or exceed expectations in capacity and capability, relevant skills and experience, timelines, and quality assurance?
3. Value for money – An overall assessment of the fixed price and/or schedule of rates in conjunction with the total cost of ownership/whole of life costs. This means that the cheapest price does not necessarily mean the best value for money, as the assessment considers wider benefits to the University.