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Plain-language definitions of every Consulting Selection term that shows up in government tender work.
A final sealed bid submission requested from shortlisted suppliers after initial proposals have been evaluated, allowing clients to obtain improved pricing or technical terms before contract award.
Read definitionThe weighted aggregate of a consulting firm's technical and financial scores under QCBS, calculated after both envelopes are opened and used to rank firms and select the winner.
Read definitionThe bilateral process between a client and the highest-ranked consulting firm to finalise the scope, deliverables, staffing, and fee before signing, conducted after technical and financial evaluation is complete.
Read definitionThe sealed price component of a consulting bid that states a firm's total fee and cost breakdown, opened only after technical proposals are scored and only for firms that pass the minimum technical threshold.
Read definitionA pre-competed agreement that places one or more consulting firms on an approved roster for a defined category of services, allowing the buyer to assign specific tasks by call-off without re-running a full competitive selection each time.
Read definitionA standing agreement between a client and one or more consulting firms that pre-agrees rates, terms, and conditions, enabling the client to call off individual assignments quickly without running a full competition each time.
Read definitionA procurement method used by development banks and UN agencies to engage a single expert directly on the basis of qualifications and CV, suited to assignments that do not require a full firm.
Read definitionThe full set of consulting firms that respond to an expression of interest and are assessed before the client narrows the field to a shortlist eligible to receive the Request for Proposals.
Read definitionA consulting contract type where the firm is paid a fixed total fee for delivering defined outputs or a completed scope of work, regardless of the actual staff hours expended.
Read definitionThe minimum technical score a consulting firm must achieve in the technical evaluation stage to have its financial proposal opened and to remain in contention for contract award.
Read definitionA consulting arrangement that pays a fixed periodic fee to keep a specialist available for advisory work on demand, commonly used by development banks and international organisations for ongoing technical support.
Read definitionThe reduced set of typically three to six consulting firms invited to submit full technical and financial proposals after an expression of interest screening, forming the competitive pool for a consulting assignment.
Read definitionA consulting selection method that awards a contract to one firm without competition, permitted only in narrow circumstances such as continuity of work, emergency response, or unique expertise.
Read definitionA consulting arrangement in which part or all of the consultant's fee is contingent on achieving a defined outcome, such as closing a transaction, reaching financial close, or securing a rating.
Read definitionThe published scoring framework that evaluators use to assess consulting technical proposals, covering sub-criteria such as methodology, key expert qualifications, and firm experience, each with an assigned weight.
Read definitionThe part of a consulting bid that presents a firm's methodology, work plan, team qualifications, and relevant experience, evaluated and scored before the financial proposal is opened in methods such as QCBS.
Read definitionA consulting contract type where the firm is paid for the actual time its staff spend on the assignment at agreed daily or monthly rates, plus reimbursable expenses, making it suitable for assignments with uncertain scope.
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