ODMR 2627-0005 Attachment F - Cost Point Calculation.pdf

This is a Cost Point Calculation attachment for Request for Competitive Sealed Proposals ODMR 2627-0005 issued by the Ohio Department of Medicaid to procure a qualified vendor for Provider Reimbursement Technical Assistance activities. The document establishes the evaluation methodology for scoring cost proposals submitted in response to this competitive solicitation. No specific information regarding contract term, renewal options, response dates, or project scope details is contained within this attachment.

The cost proposal evaluation will allocate a maximum of 65 points to competing offerors based on a prorated scoring methodology. The offeror submitting the lowest proposed cost will receive the maximum 65 points available. All other proposals will receive points calculated using the formula: (Lowest Cost Proposal ÷ Offeror's Proposed Cost) × 65 = Offeror's Cost Proposal Points. This ensures that cost evaluation is comparative and directly proportional to pricing competitiveness among all submitted proposals. The document provides a template for applicants to calculate their anticipated cost proposal points by inserting their proposed cost and the lowest cost proposal amount into the designated formula fields.