Technical and Financial Evaluation: law, practical example, evidence, risk and Finin2min action workflow.
Evaluation must follow disclosed criteria with contemporaneous records.
Procurement manuals
Read with the current rules, notifications, circulars, portal instructions and binding judgments applicable to the event date.
Fix person, entity, role, activity, period, location, threshold and regulator.
Separate statute, delegated law, regulator guidance, contract and internal policy.
Reconcile documents, systems, filings, accounts and approvals.
Use signed evaluation sheets.
A committee discovers a preferable criterion after bid opening.
Finin2min decision rule: reperform the analysis when a material fact, date, role or legal instrument changes.
Changing criteria post-bid undermines fairness.
Common additional failures are stale law, incomplete authority, inconsistent records, undocumented judgment and missing cross-law analysis.
| Stage | Control | Output |
|---|---|---|
| Facts | Freeze parties, dates, amounts and documents | Fact sheet |
| Law | Open current primary sources | Legal map |
| Evidence | Resolve inconsistencies | Evidence index |
| Decision | Approve, remediate, disclose or escalate | Signed note |
Evaluation must follow disclosed criteria with contemporaneous records.
Procurement manuals
need and approval note; bid and specification file; evaluation records; contract and change orders.
Use signed evaluation sheets.
Department of Expenditure
Reviewed 4 July 2026
Department of Expenditure
Reviewed 4 July 2026
Source review: 4 July 2026. Verify later amendments and case status before professional reliance.