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4 Tender Bid Evaluation

An assessment of the best net overall outcome for government is to take account of all relevant ‘whole of life’ costs and benefits: that is the full cost of each good, service, or works over its expected useful life – not just at time of purchase.

Best Practice Guide 4: Tender Bid Evaluation

Key information

Ministry of Finance has developed a series of guides on the procurement process and required documentation for government officers who purchase goods, services or works on behalf of the Government of Timor-Leste.

The Best Practice Guide 4: Tender Bid Evaluation explains how:

• to evaluate bids when procuring goods, services and works for the Government of Timor-Leste according to the principles of best net overall outcome for government, and
• decisions on government procurement should be made on the basis of ‘value for money’ which requires a comparison of costs, benefits and alternative outcomes.