FinanceWorksheet15 min read
Hotel Vendor Bid Comparison
Compare total value, operating risk and contract terms—not price alone.
PRIMARY ROLEGeneral Manager
USE WHENPurchasing
Operating standard
- 01
Define the exact scope, service level, quantities and evaluation criteria.
- 02
Normalize bids for freight, installation, taxes, minimums and excluded work.
- 03
Compare warranty, response time, references, insurance and business continuity.
- 04
Review term, renewal, termination, price escalation and data ownership clauses.
- 05
Score price, quality, service, risk and hotel fit using agreed weights.
- 06
Document selection, approvals, conflicts and contract owner.