What is two-envelope RFx response in SAP PSM-GPR - Procurement for Public Sector?

SAP Term: two-envelope RFx response

• Component: PSM-GPR

• Component Name: Procurement for Public Sector

• Description: An RFx response that is submitted by a supplier in two separate parts: one part contains price information; the other contains technical and qualitative information.

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• Key Concepts: 
  Two-envelope RFx response is a process used in public sector procurement. It involves the submission of two separate envelopes containing different types of information. The first envelope contains the bidder’s technical proposal, which is evaluated by a technical evaluation committee. The second envelope contains the bidder’s financial proposal, which is evaluated by a financial evaluation committee. 
  
  How to use it: 
  The two-envelope RFx response process is used in public sector procurement to ensure that the evaluation of bids is fair and transparent. The bidder must submit two separate envelopes containing their technical and financial proposals. The technical proposal is evaluated by a technical evaluation committee, while the financial proposal is evaluated by a financial evaluation committee. 
  
  Tips & Tricks: 
  When submitting a two-envelope RFx response, it is important to ensure that both envelopes are clearly labeled and contain all the necessary information. Additionally, it is important to ensure that the technical and financial proposals are complete and accurate, as any discrepancies may lead to disqualification. 
  
  Related Information: 
  The two-envelope RFx response process is part of SAP’s PSM-GPR Procurement for Public Sector solution. This solution provides an end-to-end procurement process for public sector organizations, including the ability to manage tenders, evaluate bids, and award contracts.