Conducting tender for Works or Goods. 3 shortlisted companies and all of them has the same experience, quality, price abstly evrtng. What will you do?

When all bidders are exactly at Par, all of them must be called and crucial terms such as Offered Price/ Payment Terms/Delivery period must be tried for improvements if any so that one lowest best can be established in a fair manner.

See who has the best record in the market, in terms of after sales service and make your decision based on that.

You have to check that which company would finish the project with quality and under the budget.

In such a case we have to please all the companies but pick one person strategically.And promise the other two persons that the other two would be given a good oppurtunity in future

Generally this does not happen that pre-qualification criteria (size of company, equipment, sub-contractors, engineers and supervisors, capability for project management, enlistment level in para-statal bodies,  prices, delivery/completion schedules, payment terms everything is the same but if it does, tthe following options can be considered if your company rules allow these:

a) Final negotiations for price, delivery schedule, etc. The risk in this case is that a company less qualified but desperate to get business will lower their prices and you will then stuck up with the project because contracting firms are quite slippery;

b) Any of the three companies must have some weaker area like a dissatisfied client, litigation.  You must avoid working with such company even if the company says it was not their fault.

c) If it is a very big project, it can be split between the companies provided locations are different like construction of villas in different cities or at different locations in the same city provided the costs do not increase.  This will result in competition between the Companies and yield you good results.

check the companies backround, in this company previces experiences 

1- From history & Experience of Previous Projects for all Bidders  (who is the best)

2- Call all the Bidders Separately and get Added value to the project (Select the best added value)

reopen the tender impose to clause which were

Delivery period   

manufacture authority

Post tender meeting should be called separetely and technical / Professional aspect of the project be discussed to evaluate the most Competent one.

Item wise rates should also be Compared accordingly.

Allowance for Rebate without Compromising the Quality of Work should also be Negociated.

If all the bidders have the same price offered, same quality according to your specs and all the remaining conditions. Its good standing point for you to go for comfortable negotiation process.

In this case I will call them and negotiate with each one separately to try to get some added value, like innovation, shorter delivery schedule, extended warranties, training for my staff etc.