Cost_Formula-reward_average_cost_for_RFP.docx
DOCX document 15 KB Posted
- Solicitation number
- 2025-RFP-CNH-304
- Issued by
- New Haven County, Connecticut
About this file
This document is a technical guide explaining cost formulas used in scoring methodologies for state and local contract opportunities, specifically detailing the "Reward Low Cost" evaluation approach. The guide is applicable to the City of Connecticut's Request for Proposal (RFP) for Essential Support Services for Victims of Violence. The RFP seeks qualified organizations to provide comprehensive, trauma-informed services to victims of violence, including individuals impacted by firearm-related injuries or deaths, domestic violence, sexual violence, and other forms of interpersonal violence. Eligible populations include young adults ages 18 to 34 and other affected survivors and witnesses. Services requested encompass emergency and ongoing basic needs assistance such as food, clothing, transportation, temporary housing or relocation support, safety planning, and connections to community resources, with an emphasis on culturally responsive and survivor-centered practices.
The cost evaluation methodology presented in the document uses a formula-based approach where the lowest submitted proposal cost is divided by each individual proposal's cost to determine the percentage of available points awarded. For example, if 30 points are allocated to cost evaluation, a proposal matching the lowest cost receives 100 percent of points, while higher-cost proposals receive proportionally fewer points based on their cost differential. This scoring mechanism incentivizes cost efficiency while allowing evaluation of technical merit and program quality through separate scoring criteria. The document does not specify contract terms, renewal options, funding amounts, or other pricing-related details specific to the violence victim services RFP.
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A Closer Look at Cost Formulas The scoring methods Reward Average Cost and Reward Low Cost rely on cost formulas to track and calculate point values. Reward Low Cost, for example, uses this equation to determine how many points each individual submission should receive:
Lowest overall cost / Proposal's cost = X% of the possible points Expand the tabs to see Reward Low Cost in action.
Proposal A costs $100. How many points will it receive?
$100 (Lowest Proposal) / $100 (Proposal A) = 100% of 30 points
30 points awarded Proposal B costs $200. How many points will it receive?
$100 (Lowest Proposal) / $200 (Proposal B) = 50% of 30 points 15 points awarded Proposal C costs $500. How many points will it receive?
$100 (Lowest Proposal) / $500 (Proposal C) = 20% of 30 points 6 points awarded
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