Price Evaluation Clause Samples
The Price Evaluation clause outlines the method by which a party assesses and compares the prices submitted in bids or proposals. Typically, this clause details the criteria and procedures used to determine the most favorable price, such as considering total cost, discounts, or life-cycle expenses, and may specify whether non-price factors are also evaluated. Its core function is to ensure a transparent and consistent process for selecting the best value offer, thereby promoting fairness and competitiveness in procurement or contracting decisions.
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Price Evaluation. Once the City determines the basis of competition, the City will sort the bids from low to high price.
Price Evaluation. For the purpose of evaluation, and for no other purpose, the Government will evaluate prices submitted on the basis that the Government will require the estimated quantities shown in Section B of this solicitation. The Government will add the prices for standard services, temporary additional services, and materials/equipment to obtain a total price evaluation
Price Evaluation. The price proposals in a submitted Bid shall be evaluated on the basis of the lowest and best bid pursuant to Ohio Revised Code 307.86. Bids, which are not lowest and best pursuant to Ohio Revised Code 307.86 will be disqualified. The Bid award shall be made to the Bidder(s) whose Bid(s):
i) Has not been disqualified through the Bid Document Evaluation.
ii) Has not been disqualified through the Bid Specification Evaluation.
iii) Has not been disqualified through the Bid Price Evaluation.
Price Evaluation. For the purpose of evaluation, and for no other purpose, evaluation of prices submitted will be made on the basis that the Government will order the estimated quantities shown in Section B – SERVICES AND PRICES, of this solicitation. M.8. SEPARATE CHARGES Separate charges, in any form, are not solicited. For example, proposals containing any charges for failure of the Government to exercise any options will be rejected. The Government shall not be obligated to pay any charges other than the contract price, including any exercised options.
Price Evaluation. For the purpose of evaluation, and for no other purpose, evaluation of prices submitted will be made on the basis that the Government will order the estimated quantities shown in Section B – SERVICES AND PRICES, of this solicitation. The price evaluation will not include the price of any riders.
Price Evaluation. The Government will evaluate prices as submitted in the electronic Price Tables (spreadsheets) to determine price competitiveness. As part of this evaluation, the Government will calculate the Average Price Per Unit (APPU) and Total Evaluated Price (TEP) to the government for each Quotation using the submitted pricing and the Bid Model described below. The Bid Model will weight the pricing received by year over the period of performance. Weighting is specified below in Table 5-1. Weighting 1.0 1.0 0.8 0.6 0.3 The Government’s Price Evaluation will use previously identified estimated volumes from Section 4.9 (Estimated Federal Agencies’ Volumes). For all pricing, including as available items, the Government may compare the submitted pricing to commercially available pricing and against each other. Offerors are advised that all quoted prices may be subject to price analysis, regardless of whether they are specifically included in the APPU or TEP components of the Bid Model. Any significant risk to the Government of unacceptably higher comparative costs, resulting from potential future traffic volumes and patterns not represented in the information provided to the Offerors, will be reflected in the analysis. As demonstrated through their responses to Sections 3.10 and 3.11, Offerors’ Quotations that ensure more competitive pricing across government and throughout the term of the agreement will be identified as greater value under the planned Best Value Quotation evaluation. The Government has developed a Bid Model that it will utilize as part of its price evaluation. For evaluation purposes only, the Bid Model provides estimated volumes for CLINs expected to represent the highest sales demand. These include all voice, data, and data add-on plans (see Figure 5-1 below), including selected features. This Bid Model will be used to develop the Offeror’s Average Price Per Unit (APPU) and Total Evaluated Price by taking the usage and multiplying by the Offeror’s prices. The Total Evaluated Price (TEP) ▇▇▇ also consider any credits or additional charges that arise from the Offeror’s quotation that are not captured in the electronic Price Table spreadsheets. Voice Plans Data Plans Emergency Data Add-On Unlimited Data Add-On Unlimited 5 GB Data Add-On 500 MB Data Add-On 500 MB 50 MB Data Add-On Metered Metered Data Add-On Emergency 900 Min Pooled 400 Min Pooled 100 Min Pooled All Plans
Price Evaluation. In addition to the criteria listed in ITT 34.2 (a)–(d) the following criteria shall apply:
Price Evaluation. Numerical Machining Complex Ltd shall compare the evaluated costs of all substantially responsive tenders and rank them. The lowest evaluated tender will be ranked as No. 1.
Price Evaluation. The lowest price will be determined by adding all the offered prices to reach a total price. Since no estimated quantities are provided, unit prices will simply be added together to reach a total price, for evaluation purposes. This addition will be done for each period of performance, arriving at a grand total. The Government reserves the right to reject quotations that are unreasonably low or high in price.
Price Evaluation. The unit of accounting will be Kg/Ltr/No. The total price per Kg/ Ltr/ No the case may quoted will include the basic cost, cost of packing, marking, handling and cartage charges transportation cost and all incidental expenses, including levels, taxes and duties levied by Central/State, Local government such as GST etc, on final products, payable upto the arrival of the contracted stores at the destination irrespective of the mode of transport. Lowest bidder/ L1 will be decided based on the total value of the contract which will incl all overheads for delivery at concerned Supply Depot incl GST. In case of combined items contract, L1 will be decided based on the overall value of contract incl GST. L-1 bidder for a item / combined item contract will be based on overall value of contract for supply at three stations i.e.
