Common use of POINTS AWARDED FOR PRICE Clause in Contracts

POINTS AWARDED FOR PRICE. 4.1 THE 80/20 OR 90/10 PREFERENCE POINTSYSTEMS - Ps = 90 (1 – Pt – Pmin) Pmin Where Ps = Points scored for comparative price of bid under consideration Pt = Comparative price of b8id under consideration Pmin = Comparative price of lowest acceptable bid

POINTS AWARDED FOR PRICE. 4.1 THE 80/20 OR 90/10 PREFERENCE POINTSYSTEMS - Ps = 90 (1 – Pt – PminP min) Pmin P min Where Ps = Points scored for comparative price of bid under consideration Pt = Comparative price of b8id under consideration Pmin P min = Comparative price of lowest acceptable bid

POINTS AWARDED FOR PRICE. 4.1 THE 80/20 OR 90/10 PREFERENCE POINTSYSTEMS - Ps = 90 80 (1 – Pt – Pmin) Pmin Where Ps = Points scored for comparative price of bid under consideration Pt = Comparative price of b8id under consideration Pmin = Comparative price of lowest acceptable bid