Problem Description
Organizations handling procurement often receive multiple bids for goods or services, which must be evaluated against technical specifications, pricing, past performance, compliance criteria, and more. Manual evaluation is time-consuming, inconsistent, and subject to bias. The Procurement Bid Evaluator System uses AI agents to automate the bid intake, pre-qualification, technical/financial analysis, compliance checks, and scoring—ensuring a fast, fair, and traceable procurement process.
How It Works
Vendors submit bids via a portal or email. The Bid Intake Agent extracts structured data and documents. The Pre-Qualification Agent validates vendor eligibility based on predefined rules. The Technical Evaluator Agent compares specifications with tender requirements. The Financial Evaluator Agent verifies quote breakdowns and pricing accuracy. The Compliance Agent checks for policy adherence. A Scoring Agent compiles results and ranks bids. The Manager Agent consolidates everything and generates a comprehensive evaluation report.
Who can use this
- Government procurement departments
- Large enterprises running RFPs/RFQs
- Infrastructure and engineering firms
- Procurement consultants
- Audit and oversight bodies
Benefits
- Transparent and traceable evaluation process
- Objective, data-driven scoring
- Faster bid evaluations with documentation
- Reduced human error and bias
- Streamlined compliance and audit readiness
Agents Required
Agent Name |
Specific Roles and Capabilties |
Bid Intake Agent |
Parses incoming bids (PDFs, Excel, Zip files) and extracts key details and documents. Uses OCR/NLP to convert unstructured data into structured formats. |
Pre-Qualification Agent |
Checks vendor eligibility: registration status, certifications, prior experience, blacklisting, etc. |
Technical Evaluator Agent |
Compares submitted technical specifications with tender requirements. Flags gaps, mismatches, or enhancements. |
Financial Evaluator Agent |
Analyzes financial documents, unit rates, taxes, and terms. Validates arithmetic and completeness of quote breakdowns. |
Compliance Agent |
Cross-checks vendor documents and responses with internal policies, tender clauses, and legal guidelines. |
Scoring Agent |
Assigns weights to different evaluation parameters and calculates composite score per bid. |
Manager Agent |
Orchestrates the workflow, consolidates agent outputs, finalizes reports, and recommends top vendors to stakeholders. |
Tool v/s Agent Name
Tool |
Agent Name |
DocumentParserTool |
Bid Intake Agent |
EligibilityCheckerTool |
Pre-Qualification Agent |
TechSpecMatcherTool |
Technical Evaluator Agent |
FinanceValidatorTool |
Financial Evaluator Agent |
PolicyComplianceTool |
Compliance Agent |
WeightedScoringTool |
Scoring Agent |
ReportBuilderTool |
Manager Agent |
Syncloop API Usage
API Endpoint |
Method |
Input Parameters |
Output Format |
Agent Name |
/bid/upload |
POST |
{ vendor_id, bid_file_base64 } |
{ bid_id, status } |
Bid Intake Agent |
/bid/prequalify |
POST |
{ bid_id, vendor_details } |
{ qualified: true/false, reasons[] } |
Pre-Qualification Agent |
/bid/evaluate/technical |
POST |
{ bid_id, specs[], tender_requirements[] } |
{ match_score, gaps[], enhancements[] } |
Technical Evaluator Agent |
/bid/evaluate/financial |
POST |
{ bid_id, pricing_table[], taxes } |
{ total_cost, validation_status, remarks } |
Financial Evaluator Agent |
/bid/evaluate/compliance |
POST |
{ bid_id, policy_documents[] } |
{ compliant: true/false, violations[] } |
Compliance Agent |
/bid/score |
POST |
{ tech_score, finance_score, compliance_score, weights[] } |
{ final_score, rank } |
Scoring Agent |
/bid/finalize/report |
POST |
{ bid_id, scores[], vendor_summary[] } |
{ report_pdf_url, recommendation } |
Manager Agent |
Flow Summary
- Bid Intake Agent receives bids from the portal, unzips and parses them into structured formats using /bid/upload.
- Pre-Qualification Agent checks eligibility and vendor criteria via /bid/prequalify.
- Technical Evaluator Agent compares specs using /bid/evaluate/technical.
- Financial Evaluator Agent validates pricing, tax breakdowns with /bid/evaluate/financial.
- Compliance Agent checks policy alignment using /bid/evaluate/compliance.
- Scoring Agent calculates overall score and rank via /bid/score.
- Manager Agent builds the final evaluation report with /bid/finalize/report and submits the recommendation.
Optional Enhancements
- Historical Bid Insights Agent: Pulls trends from past tenders to benchmark prices.
- Risk Evaluation Agent: Flags vendors with financial/legal risks.
- Audit Trail Logger Agent: Tracks every interaction for external audit use.
- Digital Signature Verifier: Validates authenticity of submitted digital documents.
- Dashboard Visualization Agent: Presents results in an admin-friendly dashboard.
Ideal (Key Performance Indicator) KPIs to Measure Success
- Evaluation Time per Bid < 15 minutes
- Compliance Violation Detection Rate > 98%
- Accuracy in Financial Quote Validation > 99%
- Bidder Transparency Index (auditability) 100% traceability
- Composite Score Accuracy vs Manual Eval > 95% match
- Time Saved Compared to Manual Process > 75% reduction
- Stakeholder Satisfaction Score > 4.7 / 5