Reasonableness of Price. a. Examples of acceptable sources to prove Reasonableness of Price (ROP) may include but are not limited to: i. A contract with a Federal government agency (e.g., General Services Administration (GSA)); ii. A contract with a State government agency; iii. A contract with a Cooperative purchasing organization (e.g., National Association of State Procurement Officials (NASPO Valuepoint) or Sourcewell); iv. Contractor-Published Price List 1. Will only be accepted if the Bidder offers a NYS Contract Price that has a forty percent (40%) (or higher) Total Discount percentage off the Contractor Published Price List. v. OEM Price List 1. Will only be accepted if the Contractor offers a NYS Contract Price that has a forty percent (40%) (or higher) Total Discount percentage off an OEM Price List. b. The determination of what is an acceptable source to prove ROP is at the sole discretion of the state. c. Acceptable formats of ROP documents include: i. Microsoft Excel ii. Microsoft Word iii. Adobe Acrobat PDF that has been converted to allow for Optical Character Recognition (OCR) d. ROP will be determined by comparing the NYS Contract Price with the comparable price for each Product.
Appears in 14 contracts
Samples: Agreement for Industrial and Commercial Supplies and Equipment, Agreement for Industrial and Commercial Supplies and Equipment, Agreement for Industrial and Commercial Supplies and Equipment