COST EVALUATION Clause Samples
COST EVALUATION. Evaluation points are not awarded for cost. The review of the cost proposal shall include a cost realism analysis to determine what the Government should realistically expect to pay for the proposed effort, the Offeror’s understanding of the work, and the Offeror’s ability to perform the contract. These will consist of a review of the cost portion of an Offeror’s proposal to determine if the overall costs proposed are reasonable and realistic for the work to be performed, if the costs reflect the Offeror’s understandings of the requirements, and if the costs are consistent with the technical proposal. Evaluation of cost proposals will consider but not be limited to the following: - Cost realism and completeness of cost proposal and supporting documentation. - Cost efficiency of proposed Other Direct Costs (ODCs). Offerors are reminded that the U.S. Government is not obligated to award a negotiated contract on the basis of the lowest proposed cost (see FAR 15.101-1) or to the Offeror with the highest technical evaluation score. For this procurement, however, technical proposal merits are considered significantly more important than cost relative to deciding who best might perform the work. Therefore, after the final evaluation of the proposals, the Contracting Officer will make the award to the Offeror whose proposal offers the best value to the Government, considering both technical and cost factors. It should be noted that estimated cost is an important factor and its importance as an evaluation factor will increase as the degree of equality of technical competence between proposals increases.
COST EVALUATION. The Design Builder and its Subcontractors will provide estimating services as often as reasonably necessary to support decisions regarding scope, functionality, and design and to help ensure that the Project design is being developed within the Contract Price. Cost evaluations will occur at 50%, 100% and Approved for Construction stages of design development. Consistent cost evaluation will assist the Design Build Team, Program Manager, and District in making decisions to the extent there are design alternatives. Design Builder’s opinions of probable construction cost are to be made on the basis of Design Builder’s experience and qualifications and represent Design Builder’s best judgment as an experienced and qualified contractor generally familiar with the construction industry. However, because Design Builder has no control over the cost of labor, materials, equipment, or services furnished by others, or over contractors’ methods of determining prices, or over competitive bidding or market conditions, Design Builder cannot and does not guarantee that proposals, bids or actual construction cost will not vary from opinions of probable construction cost prepared by Design Builder.
COST EVALUATION. For Vehicle Lifts, the Financial Proposals for ARI Phoenix; Vehicle Service Group; Liftnow Automotive Equipment; Mohawk Lifts; Snap-On Industrial; and Stertil-Koni USA were evaluated based on average net price per lift capacity (from Market Basket). A maximum of 30 total points were available for the Cost Evaluation.
COST EVALUATION. The information presented in the Cost Proposal shall be evaluated by the Government to: (i) determine the extent to which the Offeror understands the Government’s requirements; (ii) assess the degree to which the cost included in the cost proposal accurately represents the effort described in the technical proposal;
COST EVALUATION. [See Section L.6]
COST EVALUATION. Cost is a primary evaluation criterion. Evaluation in this category will be based on the lowest total estimated net cost as calculated according to the methodology in this section and SECTION 18.