Cost_Formula-reward_average_cost_for_RFP.docx

This document is a cost formula methodology guide applicable to the City of New Haven's Management and Administration of Victim Support Services Network (VSSN) procurement in Connecticut. The file explains scoring mechanisms used in competitive bidding processes, specifically detailing how the "Reward Low Cost" evaluation method calculates point allocations based on proposal costs. Under this methodology, the lowest overall cost proposal receives the maximum available points, while higher-cost proposals receive proportionally fewer points determined by dividing the lowest cost by each proposal's cost and multiplying by the total available points for the cost evaluation factor.

The document demonstrates the cost formula calculation through practical examples, illustrating how three proposals with different costs would be scored if 30 points were allocated to the cost evaluation criterion. A proposal matching the lowest cost receives full points, while proposals at 200 percent and 500 percent of the lowest cost receive 50 percent and 20 percent of available points respectively. This scoring approach incentivizes cost competitiveness while maintaining objective evaluation criteria, allowing the City of New Haven to fairly compare vendor proposals for the VSSN program, which aims to coordinate services for victims of violence including mental health support, relocation assistance, medical follow-up, and economic stabilization through a network of local service providers.