Attachment_4_-_Profit_Adjustment_Formula.docx
DOCX document 23 KB Posted
- Solicitation number
- N55236-16-R-0006
About this file
Attachment 4 Profit Adjustment Formula
View the file
Other files
| File | Type | Posted |
|---|---|---|
| N55236-16-R-0006-0001.pdf | ||
| Attachment_2_-_Request_for_Specification_Clarification_Form.doc | DOC document | |
| Exhibit_A_-_SWRMC_PV-CDRL.pdf | ||
| N55236-16-R-0006.pdf | ||
| Attachment_3_-_Pricing_Matrix_Spreadsheet.xlsx | XLSX spreadsheet | |
| Attachment_1_-_Reference_Information_Sheet.docx | DOCX document |
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Quarterly Contractor Performance Evaluation Report and Profit Adjustment
Ratings Excellent 88.6 - 100 Very Good 73.4 – 88.5 Satisfactory 58.2 – 73.3 Marginal 43 – 58.1 Unsatisfactory 39.9 and Below Period of _______________20_____ Contract Number ________________ Contractor ______________________ Date of Report ___________________ PNS Technical Monitor/s____________
Category
Criteria
| Rating Points* |
| Item Factor |
| Evaluation Rating** |
| Category Factor |
| Efficiency Rating*** |
A Time of Delivery A-1:
Urgent RFQ
| _____ x |
| .30 |
| = |
| N/A |
| N/A |
A-2 Routine RFQ
| _____ x |
| .70 |
| = |
| N/A |
| N/A |
| Total Item Weighted Rating |
| _________ x |
| 1 |
| = ____ ___ |
Total Weighted Rating Efficiency Rating/Adjectival Rating_
Rated by: _________________________________________
Signature: _________________________________________
Note: Provide supporting data and/or justification for below average or outstanding item ratings.
The Rating Point Formula must be completed once for Urgent Delivery Orders and once for Routine Delivery Orders and each multiplied by its own Item Factor.
Basis - 3.8 points are deducted from the 100 rating points possible for each percent the On Time Delivery Average (OTDA) falls under 100% giving the following:
| * Formula: | On Time Deliveries/Deliveries Due = OTDA | |
| 100 - OTDA = Multiplier | ||
| 100 – (3.8 x Multiplier) = Rating Points |
**Formula: A-1 Rating Points x .30 = Evaluation Rating A-2 Rating Points x .70 = Evaluation Rating
***Formula: A-1 Evaluation Rating + A-2 Evaluation Rating = Total Efficiency Rating
Profit earned is calculated by multiplying maximum profit by the Total Efficiency Rating Example:
There were three (3) Urgent Delivery Orders, three (3) were on time.
There were 100 Routine Delivery Orders, 96 were on time.
*Formula:
Urgent: 3/3 = 100 (OTDA)
| 100-100 = 0 (Multiplier) |
| 100 – (3.8 x 0) = 100 (A-1 Rating Points) |
Routine: 96/100 = 96 (OTDA)
| 100-96 = 4 (Multiplier) |
| 100 – (3.8 x 4) = 84.8 (A-2 Rating Points) |
**Formula: 100 (A1 Rating Points) x .30 = 30 (A1Evaluation Rating)
84.8 (A2 Rating Points) x .70 = 59.36 (A2 Evaluation Rating)
***Formula: 30 + 59.36 = 89.36 (Total Efficiency Rating)
An 89.36 Total Efficiency Rating would equate to Excellent Performance and the Contractor would earn 89.36% of the total profit available.
Note: In order to obtain Target Profit (Delivery Incentive) the Contractor must meet the criteria for satisfactory performance. For this contract the performance is based on the percent of deliveries that are on time. For the Contractor’s performance to be considered satisfactory at least 90% of delivery orders shall be on time. Because satisfactory performance correlates with target profit it is the point of departure for calculating the rating points for each of the delivery order types. Satisfactory performance at 90% will earn 62 points and each percent above or below will account for 3.8 points added or deducted.
Because there are far fewer Urgent Delivery Orders than Routine Delivery Orders each has its own item factor to properly offset the weight of importance.
N55236-16-R-0006
ATTACHMENT 4
File details come from the government source that posted it. Updated .