Annex A

S/No

Evaluation Criteria

Weightage

1

Price Factor

Bid

40%

2

Strength of proposal

(a) Concept(s) proposed are differentiated and

(b) Introduction of established brand(s) with proven track record

15%

15%

3

Strength of industry development initiative

(a) Concept(s) will enable emerging local talents in the F&B and Retail sectors to be profiled or their skills to be honed

10%

4

Sustainability of business model

(a) There is a sustainable business model supported by realistic financial projection

10%

5

Company/Consortium track record and project team experience

(a) The company has a strong track record of experience in the F&B and Retail sector(s)

(b) The company has a strong track record of experience in the F&B and Retail sector(s).

5%

5%

Total

100%