Points Awarded for Price. 3.1 THE 80/20 PREFERENCE POINT SYSTEMS A maximum of 80 points is allocated for price on the following basis: 80/20 = ⎛ Ps 80 ⎜ 1 − ⎝ Pt − P min ⎞ ⎟ P min ⎠ Where Ps = Points scored for price of bid under consideration Pt = Price of bid under consideration Pmin = Price of lowest acceptable bid 4.
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Points Awarded for Price. 3.1 THE 80/20 PREFERENCE POINT SYSTEMS A maximum of 80 points is allocated for price on the following basis: 80/20 Ps Where ⎛ = ⎛ Ps 80 ⎜ 1 − ⎝ Pt − P min ⎞ ⎟ P min ⎠ Where Ps = Points scored for price of bid under consideration Pt = Price of bid under consideration Pmin = Price of lowest acceptable bid 4.
Appears in 2 contracts
Samples: Kwotasie, Supply and Delivery of Split Prepaid Electricity Meters
Points Awarded for Price. 3.1 THE 80/20 PREFERENCE POINT SYSTEMS A maximum of 80 points is allocated for price on the following basis: 80/20 = ⎛ Ps Where 80 ⎜ 1 − ⎝ Pt − P min ⎞ ⎟ P min ⎠ Where Ps = Points scored for price of bid under consideration Pt = Price of bid under consideration Pmin = Price of lowest acceptable bid 4.
Appears in 2 contracts
Samples: Contract Form Purchase of Goods/Works, Contract Form Purchase of Goods/Works
Points Awarded for Price. 3.1 THE 80/20 PREFERENCE POINT SYSTEMS A maximum of 80 points is allocated for price on the following basis: 80/20 Ps = ⎛ Ps 80 ⎜ 1 80⎜1 − ⎝ Pt − P min ⎞ ⎟ ⎛ ⎝ P min ⎠ Where Ps = Points scored for price of bid under consideration Pt = Price of bid under consideration Pmin = Price of lowest acceptable bid 4.
Appears in 1 contract
Samples: Kwotasie