Common use of Scoring Financial Offers Clause in Contracts

Scoring Financial Offers. Score the financial offers of remaining responsive tender offers using the following formula: NFO = W1 x A where: NFO = the number of tender evaluation points awarded for the financial offer. W1 = the maximum possible number of tender evaluation points awarded for the financial offer as stated in the Tender Data. A = a number calculated using either formulas 1 or 2 below as stated in the Tender Data. Formula Basis for comparison Option 1 Option 2 1 Highest price or discount (1  (P  Pm) ) Pm P/Pm 2 Lowest price or percentage commission/fee (1  (P  Pm) ) Pm Pm/P where: Pm = the comparative offer of the most favourable tender offer. P = the comparative offer of tender offer under consideration.

Scoring Financial Offers. Score the financial offers of remaining responsive tender offers using the following formula: NFO = W1 x A =W1xA where: NFO = is the number of tender evaluation points awarded for the financial offer. W1 = is the maximum possible number of tender evaluation points awarded for the financial offer as stated in the Tender Data. A = is a number calculated using either formulas 1 or 2 below the formula and option described in Table F.1 as stated in the Tender Data. Formula Basis Table F.1: Formulae for comparison calculating the value of A Formul a Comparison aimed at achieving Option 1 1a Option 2 a 1 Highest price or discount A = (1  (+( P  - Pm) )) Pm P/A = P / Pm 2 Lowest price or percentage commission/commission / fee A = (1  - (P  - Pm) )) Pm Pm/A = Pm / P where: a Pm = is the comparative offer of the most favourable tender comparative offer. P = is the comparative offer of the tender offer under consideration.

Scoring Financial Offers. Score the financial offers of remaining responsive tender offers using the following formula: NFO = W1 x A where: NFO = the number of tender evaluation points awarded for the financial offer. W1 = the maximum possible number of tender evaluation points awarded for the financial offer as stated in the Tender Data. A = a number calculated using either formulas 1 or 2 below as stated in the Tender Data. Formula Basis for comparison Option 1 Option 2 1 Highest price or discount (1  + (P  − Pm) ) Pm P/Pm 2 Lowest price or percentage commission/fee (1  − (P  − Pm) ) Pm Pm/P where: Pm = the comparative offer of the most favourable tender offer. P = the comparative offer of tender offer under consideration.