Common use of Comparison Process Clause in Contracts

Comparison Process. a. Upon receipt, Offers will be checked for the presence or absence of required content. Incomplete Offers may be rejected. No assumptions will be made by CalSTRS regarding the intentions of the Respondent in submitting the Offer. b. Offers and any subsequent presentations should be submitted with the most favorable terms the Respondent can offer. c. If CalSTRS is unable to execute an agreement with the most qualified and responsible Respondent, CalSTRS reserves the right to award the agreement to the next qualified and responsible Respondent. d. Offers will be reviewed to determine best value using the following phases: 1 PREQUALIFICATION OF MINIMUM ADMINISTRATIVE AND TECHNICAL QUALIFICATIONS Pass/Fail 2 TECHNICAL QUALIFICATION REVIEW 70 points 3 COST COMPARISON 30 points 4 INTERVIEWS (OPTIONAL) 100 points REFERENCE CHECKS (OPTIONAL) Pass/Fail 5 COST NEGOTIATIONS Pass/Fail 1) In Phase 1, the Respondent’s offer will be reviewed for compliance with the minimum qualifications, content and format requirements of the RFO. Both the minimum administrative and technical qualifications must be met as specified in Section C, Qualifications Requirements. Failure to satisfy any of part of prequalification may result in the immediate disqualification of the offer and/or applicable proposed project person. 2) Proposed project personnel who meet the minimum qualifications will move to Phase 2, Technical Qualification Review. Each Proposed Project Person’s expertise, experience, and education will be reviewed and scored based on the information provided in their Attachment II, Skill Summary Sheet (which also includes desirable qualifications), and resume. 3) In Phase 3, Cost Comparison, the hourly rate provided in the Respondent’s Attachment I, will be scored using the cost formula indicated below. The Respondent’s proposed project person with the lowest hourly rate will receive the full allotment of points. All other Respondents’ proposed project personnel will be scored as follows:

Comparison Process. a. Upon receipt, Offers will be checked for the presence or absence of required content. Incomplete Offers may be rejected. No assumptions will be made by CalSTRS XxxXXXX regarding the intentions of the Respondent in submitting the Offer. b. Offers and any subsequent presentations should be submitted with the most favorable terms the Respondent can offer. c. If CalSTRS XxxXXXX is unable to execute an agreement with the most qualified and responsible Respondent, CalSTRS XxxXXXX reserves the right to award the agreement to the next qualified and responsible Respondent. d. Offers will be reviewed to determine best value using the following five (5) phases: 1 PREQUALIFICATION SATISFACTION OF MINIMUM ADMINISTRATIVE AND TECHNICAL QUALIFICATIONS Pass/Fail 2 TECHNICAL QUALIFICATION REVIEW 70 points 3 COST COMPARISON 30 points PHASE 2 + 3 TOTAL SCORE 100 points 4 INTERVIEWS (OPTIONAL) 100 points REFERENCE CHECKS (OPTIONAL) Pass/Fail 5 COST NEGOTIATIONS NEGOTATIONS Pass/Fail 1) In Phase 1, the Respondent’s offer proposed project person will be reviewed for compliance with to determine all of the minimum qualifications, content and format requirements of the RFO. Both the minimum administrative and technical qualifications must are met to CalSTRS satisfaction to be met as specified in Section C, Qualifications Requirementsgiven further consideration. Failure to satisfy any of part the minimum qualifications upon submittal of prequalification the Offer may result in the immediate disqualification rejection of the offer and/or applicable proposed project personoffer. 2) Proposed project personnel who meet Offers meeting the minimum qualifications will move to Phase 2, Technical Qualification Review. Each The Proposed Project PersonPerson Skill Summary Sheet and proposed person’s Resume will be reviewed for expertise, experience, and education will be reviewed and scored based on the information provided in their Attachment II, Skill Summary Sheet (which also includes desirable qualifications), and resumeeducation. 3) In Phase 3, Cost Comparison, the hourly rate provided in the Respondent’s Attachment I, will be scored reviewed using the cost formula indicated below. The Respondent’s proposed project person Offer with the lowest hourly rate will receive the full allotment of points. All other Respondents’ proposed project personnel Respondents will be scored as follows:

Comparison Process. a. Upon receipt, Offers will be checked for the presence or absence of required content. Incomplete Offers may be rejected. No assumptions will be made by CalSTRS XxxXXXX regarding the intentions of the Respondent in submitting the Offer. b. Offers and any subsequent presentations should be submitted with the most favorable terms the Respondent can offer. c. If CalSTRS XxxXXXX is unable to execute an agreement with the most qualified and responsible RespondentRespondent(s), CalSTRS XxxXXXX reserves the right to award the agreement to the next qualified and responsible RespondentRespondent(s). d. Offers will be reviewed to determine best value using the following five (5) phases: 1 PREQUALIFICATION SATISFACTION OF MINIMUM ADMINISTRATIVE AND TECHNICAL QUALIFICATIONS Pass/Fail 2 TECHNICAL QUALIFICATION REVIEW 70 points 3 COST COMPARISON 30 points 4 INTERVIEWS (OPTIONAL) 100 points REFERENCE CHECKS (OPTIONAL) Pass/Fail 5 COST NEGOTIATIONS NEGOTATIONS Pass/Fail 1) In Phase 1, the Respondent’s offer proposed project personnel will be reviewed for compliance with to determine all of the minimum qualifications, content and format requirements of the RFO. Both the minimum administrative and technical qualifications must are met to CalSTRS satisfaction to be met as specified in Section C, Qualifications Requirementsgiven further consideration. Failure to satisfy any of part of prequalification the minimum qualifications may result in the immediate disqualification of the offer and/or applicable proposed project personpersonnel. 2) Proposed project personnel who meet the minimum qualifications will move to Phase 2, Technical Qualification Review. Each The Proposed Project PersonPersonnel Skill Summary Sheet and proposed project person’s resume will be reviewed for expertise, experience, and education will be reviewed and scored based on the information provided in their Attachment II, Skill Summary Sheet (which also includes desirable qualifications), and resumeeducation. 3) In Phase 3, Cost Comparison, the hourly rate provided in the Respondent’s Attachment I, will be scored for each proposed project personnel, using the cost formula indicated below. The Respondent’s proposed project person personnel with the lowest hourly rate will receive the full allotment of points. All other Respondents’ proposed project personnel will be scored as follows: