Cost_Formula-reward_average_cost_for_RFP.docx
DOCX document 15 KB Posted
- Attached to
- Reuse of New Haven Green CT Transit Info Kiosk
- Solicitation number
- 2026-RFP-CNH-363
- Issued by
- New Haven County, Connecticut
About this file
This is a Request for Proposals document from the City of New Haven's Office of Economic Development seeking proposals for the adaptive reuse and activation of a former CT Transit information booth located on the Chapel Street side of the New Haven Green in Connecticut. The Site, positioned between Church Street and Temple Street, is a highly visible, transit-oriented location that the City aims to transform into an active and welcoming community asset. Proposals may include small-format retail or convenience uses, arts and cultural programming, tourism-oriented services, or community service providers. The City prioritizes Respondents demonstrating operational feasibility, a clear business or programming model, and the ability to maintain an attractive and well-managed presence at the Site. Particular emphasis is placed on uses that enhance pedestrian experience, support transit riders, and contribute to the vibrancy and safety of the New Haven Green.
The document does not specify response dates, due dates, site visits, bidder's meetings, or award dates. Rental terms are negotiable, and the City is open to flexible arrangements that support successful activation while ensuring long-term sustainability. No specific pricing structure, set-asides, incumbents, funding sources, or contract term information is provided in the available materials. The evaluation methodology referenced in the cost formula document indicates that proposals will be scored using cost-based evaluation methods; however, specific scoring weights, evaluation criteria beyond feasibility and operational viability, and detailed pricing terms are not detailed in the materials provided.
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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 .