The GATE Grind

GATE 2023 AR — Planning – Question 36

Project Management and Professional Practice · Tendering · 2 marks · Multiple select

In Quality and Cost Based Selection (QCBS), which statements are correct?

  1. Financial bids are evaluated before technical bids.
  2. Earnest money is submitted before opening technical bids.
  3. The lowest financial bidder is always selected.
  4. Selection uses a composite technical and financial score.

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Show answer and explanation

Correct answer: (B) Earnest money is submitted before opening technical bids.; (D) Selection uses a composite technical and financial score.

Explanation

Technical qualification precedes financial evaluation, so A is false. Bid security follows the specified pre-opening submission requirements (B). The weighted quality-and-cost score determines ranking (D), so lowest cost alone does not guarantee selection. Select B, D.

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