DETERMINATION OF BEST VALUE Sample Clauses

DETERMINATION OF BEST VALUE. Multiple Award: Subject to UCA § 63G-6a-709, in determining which proposals provide the best value to the Conducting Procurement Unit, the evaluation Committee and the Conducting Procurement Unit, pursuant to UCA § 63G-6a-708, must prepare a written justification statement that: (i) explains the scores assigned to each evaluation category; and (ii) explains that the proposal with the highest total combined score provides the best value to the Conducting Procurement Unit, or if a cost benefit analysis is required, the final determination based on the cost benefit analysis. The State reserves the right to award the contracts to technically qualified Offeror(s) with a lower score in the event the high scoring offer is determined to not be the best value offered to the State, based on a cost benefit analysis.
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DETERMINATION OF BEST VALUE. In accordance with FAR Subpart 8.404(d), the prices for supplies offered on FSS have already been determined to be fair and reasonable by NAC Contracting Officers. Given VHA’s critical need for the previously identified formulary supplies, and the short turn-around time until the MSPV-NG formulary is fully implemented, VA intends to select the lowest published FSS vendor and seek additional discounts. To compete these items would result in unacceptable delays, and potential mission failure. In the future, additional discounts will be sought through competition for these products as part of the transition to the MSPV-NG formulary.
DETERMINATION OF BEST VALUE. This is the process and criteria by which a government official, either when discriminating between competing proposals or negotiating an agreement in a wholly noncompetitive environment, evaluates a proposed application. It is a critical examination of the proposed agreement in light of the needs of the government to establish what value the total action has to the government. It is important to remember that the needs of the Government and the non-monetary objectives of the proposing cooperator or recipient can and should be in substantial alignment (and, in fact, this is one important indication of the appropriate use of an agreement rather than a contract). Thus, a well-conceived agreement will articulate and maximize the interest of both parties. As noted, rather than the traditional “best value” process used to evaluate multiple proposals in competitive negotiations, this concept can refer to negotiating the terms of stewardship agreements in wholly or substantially noncompetitive environments. Once the concept of an agreement has been advanced, evaluation factors pertinent to the project should be developed that will drive and form the path and context of negotiation and any subsequent agreement, ensuring that both the Government’s and the cooperator’s or recipient’s objectives are addressed and met. POSSIBLE BEST VALUE CONSIDERATIONS o Extent of mutual interest and benefit o Advantages and effectiveness of mutual participation ▪ Mixed ownership ▪ Joint expertise o Factors relevant to cost; e.g., volunteerism, donations, matching o Evaluation and determination of risk-sharing; Financial and Program Risks o Woody biomass material removal and utilization plan
DETERMINATION OF BEST VALUE. EarthWatch may, in good faith, use one or more fair, reasonable and objective methods appropriate to the particular procurement to support a determination of Best Value. Possible methods include:
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