RFP 25-015 Basis of Evaluation Evaluation v2.pdf
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- Solicitation number
- MSU-RFP-25-015 MilTech VS
- Issued by
- Cascade County, Montana
About this file
This document is an evaluation criteria document for Montana State University's (MSU) Request for Proposal (RFP) No. 25-015 for Venture Studio Expertise. The RFP seeks a professional service provider to establish and operate a technology commercialization venture studio, with a total evaluation point system of 1000 points. The evaluation will comprehensively assess proposers across six key areas: Firm Overview (75 points), Approach and Methodology (300 points), Team Composition (200 points), Project Case Studies (225 points), Business Proposal/Budget (200 points), with an additional potential 50 bonus points for Equal Pay for Montana Women.
The scoring methodology is structured with a detailed rubric that evaluates responses from "Superior" (90-100%) to "Failed" (59% or less), with mandatory pass/fail elements. Proposers must provide a narrative firm overview, detailed business plan including strategies for commercialization, IP assessment, opportunity formation, fundraising, and studio operations. The RFP emphasizes that the lowest cost proposal will not automatically win, but rather proposals will be evaluated holistically based on the comprehensive evaluation criteria. Proposers are required to submit a minimum of three project case studies with references, and their budget and pricing model will be carefully scrutinized against the provided instructions in the buyer attachments.
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MSU-RFP-25-015 Venture Studio Expertise
P a g e 1 | 2
SECTION 3: EVALUATION CRITERIA
8.0 Basis of Evaluation
The evaluator/evaluation committee will review and evaluate the offers according to the following criteria based on a total number of 1000 points.
The References, Approach and Methodology, Team Composition, Case Studies and Budget and Pricing Model portions of the offer will be evaluated based on the following Scoring Guide or on a pass/fail basis as indicated, with any offeror receiving a "fail" eliminated from further consideration. All items noted as Pass/Fail are Mandatory.
Any response that fails to achieve a passing score per the prerequisites will be eliminated from further consideration. A "fail" for any individual evaluation criterion may result in proposal disqualification at the discretion of the procurement officer.
SCORING GUIDE
In awarding points to the evaluation criteria, the evaluator/evaluation committee will consider the following guidelines:
Superior Response (90-100%): A superior response is a highly comprehensive, excellent reply that meets all of the requirements of the RFP. In addition, the response may cover areas not originally addressed within the RFP and/or include additional information and recommendations that would prove both valuable and beneficial to the department.
Good Response (75-89%): A good response meets all the requirements of the RFP and demonstrates in a clear and concise manner a thorough knowledge and understanding of the project, with no deficiencies noted.
Fair Response (60-74%): A fair response minimally meets most requirements set forth in the RFP. The offeror demonstrates some ability to comply with guidelines and requirements of the project, but knowledge of the subject matter is limited.
Failed Response (59% or less): A failed response does not meet the requirements set forth in the RFP. The offeror has not demonstrated sufficient knowledge of the subject matter.
MSU-RFP-25-015 Venture Studio Expertise
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8.1 EVALUATION CRITERIA
Firm Overview – Question 2.1 Mandatory Item
A. Firm Overview Point Value
Provide an overview in narrative form of your firm, background, relevant experience of the principals involved in the firm's operations.
Evaluation Scenario – Question 2.2 300 Points Category
A. Approach and Methodology - Business Plan or Studio Proposal Including
Point Value
1. Commercialization Studio Strategy and Design
2. IP and Market Assessment
3. Opportunity Formation and Incubation
4. Fundraising and Capital Strategy
5. Studio Operations and Growth
Team Composition – Question 2.3 200 Points Point Value
A. Key personnel who would be involved in executing the Venture Studio Plan 200
Include summary of qualifications or for key personnel Project Case Studies (Minimum of 3 Required) - Question 2.4 225 Points
Point Value
A. Case Study 1 B. Case Study 2 C. Case Study 3 D. References provided for each Case Study-
Mandatory Requirement Pass/Fail
Business Proposal - Budget and Pricing Model Service Item S1.1 200 Points Point Value
A. Business Plan/Project Proposal with Budget and Pricing Model 200
Based on Budget and Pricing Model Instructions Scenario Provided in Buyer Attachments. The total estimated costs should be included in the submission. It is not required that the lowest cost proposal be awarded the contract. Rather, the proposals and budget pricing models will be evaluated per the Basis for Evaluation found in the Buyer Attachment section of this RFP. Costs are evaluated as a component of the Business Plan/Project Proposal.
Bonus Points for Equal Pay for Montana 50 points
Point Value A. Equal Pay for Montana Women – Please note explanation in Question 1.8 50
| SECTION 3: EVALUATION CRITERIA |
| SCORING GUIDE |
| 8.1 EVALUATION CRITERIA |
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