Cost_Formula-reward_average_cost_for_RFP.docx
DOCX document 15 KB Posted
- Attached to
- Community Wi-Fi Expansion
- Solicitation number
- 2027-RFP-CNH-385
- Issued by
- New Haven County, Connecticut
About this file
This file is a cost formula reference document related to Connecticut's Community Wi-Fi Expansion project in New Haven, which seeks to deploy high-speed wireless internet access across the New Haven Green serving approximately 16 acres. The project requires installation of approximately fifteen outdoor-rated Wi-Fi 6/6E access points, dedicated fiber-optic backhaul to a Community Anchor Institution, enterprise-grade network electronics, outdoor enclosures, electrical connections, solar power and backup UPS equipment, cabling and terminations, grounding and surge protection, and restoration of affected areas. The scope of work includes RF coverage testing, fiber certification, speed and throughput testing, system commissioning, training, and comprehensive documentation. The contractor must provide all labor, supervision, engineering, project management, materials, equipment, tools, transportation, permits, coordination, installation, configuration, and warranty services necessary to deliver a complete operational system with minimum 1 gigabit-per-second symmetrical speeds.
The file provides guidance on cost evaluation methodologies used in competitive procurements, specifically detailing the "Reward Low Cost" scoring formula, which calculates points by dividing the lowest proposal cost by each individual proposal's cost to determine the percentage of available points awarded. This approach ensures that cost proposals are evaluated comparatively, with the lowest-cost proposer receiving the maximum available points and other proposers receiving proportionally fewer points based on their cost differential. The document serves as an instructional reference for how cost-based scoring operates in state and local government procurements where price competitiveness is a significant evaluation criterion.
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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 .