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This is what Nazmiq produces from your quotes

Four supplier quotes for LV switchboards — aligned line-by-line, converted to one currency, totalled with VAT, and ranked by weighted score. Generated by the same engine paying customers use; the data is an illustrative sample.

💡 One vendor quoted in USD, the others in EUR. Its headline number looks almost identical to a euro bid — but converted to EUR it’s actually the lowest, and the weighted score puts it first. Comparing raw figures across currencies is exactly the trap Nazmiq removes.

Meridian Contracting Ltd. – Metro Hospital — Electrical Package

LV Switchboards Comparison

✅ Recommendation
Gamma Switchgear is recommended — the highest overall score (90/100) under the current evaluation weighting, as the lowest-priced bid, 5–6 months delivery. Caveats to confirm before award: fx / currency risk (USD-based; exchange-rate moves change the EUR price). Note: this vendor quoted in USD, converted to EUR at the rate shown.
💰 Financial Summary
Line ItemAlpha ElectricBeta Power SystemsGamma SwitchgearDelta Controls
Total (ex-VAT)€117,960.00€94,340.00€82,962.95€89,570.00
VAT€17,694.00€14,151.00€12,444.44€13,435.50
TOTAL (incl. VAT)€135,654.00€108,491.00€95,407.39€103,005.50
Savings vs. Highest Bidder€0.00€27,163.00€40,246.61€32,648.50
Advance Payment€67,827.00 (50%)€54,245.50 (50%)€38,162.96 (40%)€30,901.65 (30%)
🏆 Weighted Evaluation
Evaluation CriterionWeightAlpha ElectricBeta Power SystemsGamma SwitchgearDelta Controls
Price Competitiveness60%70.387.9100.092.6
Delivery Period15%65.080.060.075.0
Payment Terms10%80.070.075.065.0
Scope Completeness10%97.0100.090.095.0
Brand / Certification5%95.092.088.090.0
TOTAL WEIGHTED SCORE (max 100)74.486.389.987.3
RANK4th🥉 3rd🥇 1st🥈 2nd
📦 Delivery Timeline
Alpha Electric
4–6 mo
Beta Power Systems
3–4 mo
Gamma Switchgear
5–6 mo
Delta Controls
4–5 mo
Bar length = delivery lead time (months). Shortest = fastest.
⚠️ Risk / Gap Analysis
Risk / GapSeverityAlpha ElectricBeta Power SystemsGamma SwitchgearDelta Controls
Items Not QuotedMedium—ATS not quoted——
Offer ValidityMedium1 month ✓2 weeks — confirm30 days ✓1 month ✓
FX / Currency RiskMediumNone — EURNone — EUR⚠ USD-based; exchange-rate moves change the EUR priceNone — EUR
Delivery RiskMedium4–6 mo — acceptable3–4 mo — fastest ✓5–6 mo4–5 mo
💱 Exchange Rates Used
1 EUR = 1.0800 USD
Rates as of illustrative sample
📋 Detailed Comparison
#Item DescriptionUnitQtyAlpha ElectricBeta Power SystemsGamma SwitchgearDelta Controls
Unit Rate (EUR)Total (EUR)Unit Rate (EUR)Total (EUR)Unit Rate (EUR)Total (EUR)Unit Rate (EUR)Total (EUR)
SupplierAlpha ElectricBeta Power SystemsGamma SwitchgearDelta Controls
Reference No.AE-Q-2026-018BPS-1142GS-INT-0459DC-2026-231
Date10/06/202612/06/202608/06/202611/06/2026
Validity1 month2 weeks30 days1 month
Payment Terms50% advance / 50% on delivery50% advance / 50% on delivery40% advance, balance on delivery30% advance / 70% on delivery
Delivery Terms4–6 months3–4 months5–6 months4–5 months
CurrencyEUREURUSD → EUR @ 1.08EUR
★ 1 EUR = 1.0800 USD (illustrative sample rate). Gamma Switchgear quoted in USD; all figures converted to EUR.
MAIN BOARDS
1Main Distribution Board (MDB)set158,000.0058,000.0052,000.0052,000.0048,148.1548,148.1555,000.0055,000.00
2Emergency MDB (EMDB)set114,500.0014,500.009,800.009,800.008,333.338,333.336,000.006,000.00
3Automatic Transfer Switch (ATS)set124,000.0024,000.00N/QN/Q7,870.377,870.378,000.008,000.00
Subtotal — MAIN BOARDS96,500.0061,800.0064,351.8569,000.00
SUB-DISTRIBUTION BOARDS
4Sub-MDB Floor 1pcs15,200.005,200.0012,000.0012,000.004,444.444,444.444,500.004,500.00
5Sub-MDB Floor 2pcs19,500.009,500.0012,500.0012,500.008,148.158,148.159,000.009,000.00
6Sub-EMDB Floor 1pcs12,800.002,800.004,000.004,000.002,314.812,314.812,500.002,500.00
Subtotal — SUB-DISTRIBUTION BOARDS17,500.0028,500.0014,907.4016,000.00
DISTRIBUTION & AC PANELS
7Distribution Panel DP-1pcs1720.00720.00780.00780.00722.22722.22880.00880.00
8Distribution Panel DP-2pcs1740.00740.00820.00820.00759.26759.26920.00920.00
9AC Panel AC-1pcs11,200.001,200.001,180.001,180.001,064.811,064.811,330.001,330.00
10AC Panel AC-2pcs11,300.001,300.001,260.001,260.001,157.411,157.411,440.001,440.00
Subtotal — DISTRIBUTION & AC PANELS3,960.004,040.003,703.704,570.00
Total (ex-VAT)117,960.0094,340.0082,962.9589,570.00
VAT17,694.0014,151.0012,444.4413,435.50
GRAND TOTAL (incl. VAT)135,654.00108,491.0095,407.39103,005.50
Savings vs. Highest Bidder0.0027,163.0040,246.6132,648.50
Advance Payment67,827.0054,245.5038,162.9630,901.65
% vs. Lowest Bidder42.2%13.7%0.0%8.0%

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