Anne Frank. BACKGROUND. As the title suggests, this book is a diary written by Anne Frank, who is, as you may have figured out, a young girl. Anne Frank and her whole family spent over two years in hiding from the Nazis during World War II.
It can be deduced from the definition that the âlowest evaluated bidderâ is the bidder whose bid has been evaluated and found offer lowest cost as well as meet all terms and conditions stipulated in the bid documents.
Some of the techniques recommended include: Comparison of Competitive Bids. Obviously, this is one of the best means for validating price. By asking three or more suppliers of their prices for the same product, we can determine if a particular price is reasonable. However, this does not preclude total cost analysis. The lowest bid may not always represent the lowest cost. The total cost of acquisition must be analyzed.