Cost_Formula-reward_average_cost_for_RFP.docx
DOCX document 15 KB Posted
- Solicitation number
- 2026-RFQ-CNH-336
- Issued by
- New Haven County, Connecticut
About this file
This file is a cost formula reference document related to a Request for Proposals issued by the City of New Haven, Connecticut, for Legal Services for the New Haven Civilian Review Board (CRB). The CRB is an independent review board tasked with investigating complaints against police officers and making policy recommendations to strengthen community trust in law enforcement. The legal services required include advisory services, representation during hearings, and legal drafting to support the Board's operations.
The document outlines the Reward Low Cost scoring methodology, which calculates proposal point values by dividing the lowest overall cost by each individual proposal's cost and multiplying the result by the available points. Under this formula, the lowest-cost proposal receives the maximum points available, while higher-cost proposals receive proportionally fewer points based on their cost differential. For example, if 30 points are allocated for cost and the lowest proposal costs $100, a proposal costing $200 would receive 15 points (50% of the available points), while a proposal costing $500 would receive 6 points (20% of available points). This scoring approach incentivizes cost efficiency while maintaining a transparent, mathematically-based evaluation process.
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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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