How to evaluate vendor bids II
In this column, we pick up where we left off in the March 2006 column with more information on how to evaluate vendor bids for a pneumatic conveying system.
Some background: Evaluating the bids will be easier if you first made some kind of check to qualify each vendor before submitting your request for quotation (RFQ) to them. This means making sure that each vendor is qualified to provide the system you want. Submitting an RFQ to a vendor only for a system price check unfairly forces that vendor to spend time preparing a bid for you.