Cost_Formula-reward_average_cost_for_RFP.docx
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- Attached to
- New Haven Parks Mobile Stage
- Solicitation number
- 2026-RFP-CNH-330
- Issued by
- New Haven County, Connecticut
About this file
This is a procurement solicitation document for the City of New Haven Parks Department in Connecticut regarding the purchase of a mobile stage trailer. The City seeks a towable mobile stage approximately 20 feet by 16 feet in dimension with a minimum wind resistance rating of 115 miles per hour. The stage must be capable of attachment to a Parks Department truck via hitch and require minimal to no manual assembly upon arrival at event sites. The equipment should feature a weather-resistant, rain-proof roof structure with high-power hydraulics for raising and lowering operations, rigging suitable for safely hanging banners, and user-friendly controls enabling straightforward operation and maneuverability within park locations.
The procurement includes delivery to the New Haven Parks Department facility at 180 Park Road, Hamden, Connecticut 06517, along with comprehensive certified and stamped technical documentation from a licensed professional. The vendor must also provide training instruction for four to six Parks Department technicians, with all associated training expenses included in the proposal cost. The solicitation utilizes a cost-based evaluation methodology, specifically employing a Reward Low Cost scoring formula whereby the lowest bidder receives maximum points and competing proposals receive proportionally reduced points based on the ratio of the lowest cost to their individual proposal cost, with points distributed across the available cost evaluation percentage.
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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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