Attachment 10 Price Evaluation Understanding Form.docx

Attachment 10 – Price Evaluation Understanding Form

The price evaluation shall be executed as follows:

1. This contract action will be awarded to the Lowest Priced Technically Acceptable offeror, in accordance with Section M of the solicitation.

2. The price evaluation to determine the lowest price will be from “Attachment 1 Bid Schedule General Construction (MS Excel Interactive Document)” cell E22.

3. The offeror with the lowest price from “Attachment 1 Bid Schedule General Construction (MS Excel Interactive Document)” that is found to be technically acceptable will be awarded the contract vehicle.

4. The awarded contract vehicle will be for $5,000,000, and this $5M will become the contract IDIQ ceiling. The award vehicle of $5M will be utilized regardless of the proposed evaluated pricing from “Attachment 1 Bid Schedule General Construction (MS Excel Interactive Document)”.

5. The Firm-Fixed-Price (FFP) Fully Burdened Labor Rates and the Material/Equipment Overhead and Profit Rate from “Attachment 1 Bid Schedule General Construction (MS Excel Interactive Document)” shall be utilized as the sole rates for the awarded contract.

By signing this document, the Offeror is affirming they understand there will be a difference between the evaluated prices used to compare offerors during the proposal evaluation phase, and the awarded $5M ceiling IDIQ. The Offeror is affirming that even though the contract vehicle ceiling will be $5M, the rates from “Attachment 1 Bid Schedule General Construction (MS Excel Interactive Document)” shall still be utilized for the life of the contract.

Company Name:

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