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What is Understanding Least Cost Selection Method about?

The Least Cost Selection (LCS) method is a procurement approach where service providers are selected based solely on financial bids from technically qualified bidders, without weighting technical scores. Unlike Quality & Cost Based Selection (QCBS), LCS emphasizes cost efficiency while ensuring minimum technical standards are met. The document outlines the criteria for technical evaluation, the selection process, and provides a sample template for defining evaluation parameters.

Author

MANOJ KUMAR

Language

EN