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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

  1. Bid Intake Agent receives bids from the portal, unzips and parses them into structured formats using /bid/upload.
  2. Pre-Qualification Agent checks eligibility and vendor criteria via /bid/prequalify.
  3. Technical Evaluator Agent compares specs using /bid/evaluate/technical.
  4. Financial Evaluator Agent validates pricing, tax breakdowns with /bid/evaluate/financial.
  5. Compliance Agent checks policy alignment using /bid/evaluate/compliance.
  6. Scoring Agent calculates overall score and rank via /bid/score.
  7. 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

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