The financial proposal opened pursuant to
Section 34 shall be evaluated as provided hereunder:-
(a) Where quality and cost method is applied to select the
proposal, the technical and financial proposals shall be
evaluated in a combined form and the proposal of the
proponent who obtains the highest marks in such evaluation
shall have to be selected as prescribed.
(b) Where quality method is applied to select proposal, only the
proposal of the proponent obtaining the highest marks in the
technical proposal shall have to be selected.
(c) Where fixed budget method is applied to select proposal, a
proposal having cost above such budget ceiling shall be
rejected and the proposal of the proponent who obtains the
highest technical marks after falling within such budget
ceiling shall have to be selected.
(d) Where least cost method is applied to select proposal, the
proposal of a proponent having the lowest cost out of the
proponents having obtained minimum marks prescribed for
being successful in the technical proposal shall have to be
selected.