Cost_Formula-reward_average_cost_for_RFP.docx

DOCX document 15 KB Posted

Attached to
Syringe Litter Clean-Up and Disposal
Solicitation number
2025-RFP-CNH-277
Issued by
New Haven County, Connecticut

About this file

The document is a technical guide to cost formulas for Request for Proposal (RFP) scoring methods, specifically demonstrating the "Reward Low Cost" calculation approach. The file illustrates how point allocations are determined by comparing a proposal's cost to the lowest overall cost submitted, with an example calculation showing how different proposal prices result in proportional point awards. In the related contract opportunity, the City of New Haven, Connecticut's Health Department is seeking a contractor for syringe litter clean-up and disposal services, with a total contract value of $25,000 for an initial one-year term and potential two additional one-year renewals.

The RFP evaluation will utilize a three-part scoring methodology allocating 33.33 points each for work plan, budget, and organizational background. Proposers must submit comprehensive documentation, including a detailed proposal, cost proposal, notarized forms, and qualifications. The contract requires compliance with municipal policies such as Equal Employment Opportunity and Living Wage Ordinance, with proposers needing to provide comprehensive insurance coverage. While no specific set-aside designations are mentioned, contractors must demonstrate expertise in biohazard management and public space maintenance, with proposals due by October 14, 2025, at 3:00 pm and questions to be submitted by October 3, 2025.

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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

File details come from the government source that posted it. Updated .