Scoring Financial Offers Sample Clauses

Scoring Financial Offers. Score the financial offers of remaining responsive tender offers using the following formula: NFO = W1 x A where: NFO = the number of tender evaluation points awarded for the financial offer. W1 = the maximum possible number of tender evaluation points awarded for the financial offer as stated in the Tender Data. A = a number calculated using either formulas 1 or 2 below as stated in the Tender Data. Formula Basis for comparison Option 1 Option 2 1 Highest price or discount (1  (P  Pm) ) Pm P/Pm 2 Lowest price or percentage commission/fee (1  (P  Pm) ) Pm Pm/P where: Pm = the comparative offer of the most favourable tender offer. P = the comparative offer of tender offer under consideration.
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Scoring Financial Offers. The points scored for the financial component will be calculated using the formula as set out in form ECBD 6.1 – PURCHASES, paragraph 5.
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Scoring Financial Offers. Add the following: The financial offer will be scored using Formula 2 (Option 1) where the value of W1 is 80 points.
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Scoring Financial Offers. Score price of remaining responsive tender offers using the following formula: NFO = W1 x A where: NFO is the number of tender evaluation points awarded for price. W1 is the maximum possible number of tender evaluation points awarded for price as stated in the Tender Data. A is a number calculated using the formula and option described in Table F.1 as stated in the Tender Data. Table F.1: Formulae for calculating the value of A Formula Comparison aimed at achieving Option 1a Option 2 a 1 Highest price or discount A = (1 +( P - Pm)) Pm A = P / Pm 2 Lowest price or percentage commission / fee A = (1 - (P - Pm)) Pm A = Pm / P a Pm is the comparative offer of the most favourable comparative offer. P is the comparative offer of the tender offer under consideration.
Sample 1Sample 2Sample 3See All (4)
Scoring Financial Offers. Score the financial offers of remaining responsive tender offers using the following formula: NFO = W1 x A where: NFO is the number of tender evaluation points awarded for the financial offer. W1 is the maximum possible number of tender evaluation points awarded for the financial offer as stated in the Tender Data. A is a number calculated using the formula and option described in Table F.1 as stated in the Tender Data. Table F.1: Formulae for calculating the value of A Formula Comparison aimed at achieving Option 13 Option 23 1 Highest price or discount ( ∙ ) A = (1 + ) = ÷ 2 Lowest price or percentage commission/fee ( ∙ ) A = (1 ∙ ) = ÷ 3 is the comparative offer of the most favourable comparative offer. is the comparative offer of the tender offer under consideration.
Sample 1Sample 2
Scoring Financial Offers. Score the financial offers of remaining responsive tender offers using the following formula: NFO = W1 x A where: NFO is the number of tender evaluation points awarded for the financial offer. W1 is the maximum possible number of tender evaluation points awarded for the financial offer as stated in the Tender Data. A is a number calculated using the formula and option described in Table F.1 as stated in the Tender Data. Table F.1: Formulae for calculating the value of A
Sample 1
Scoring Financial Offers. Score the financial offers of the remaining responsive tender offers using the following formula: NFO = W1 x A Where NFO is the number of tender evaluation points awarded for the financial offer; W1 is the maximum possible number of tender evaluation points awarded for the financial offer as stated in the Tender Data; A is the number calculated using the formula and option described in table F 1 as stated in the tender data. TABLE F.1 – FORMULAE FOR THE VALUE OF A FORMULA BASIS FOR COMPARISON VALUE OF "A" Option 1 Option 2 1 Highest price or discount A = [1+(P-Pm) / Pm] P/Pm 2 Lowest price or percentage commission / fee A = [1-(P-Pm) / Pm] Pm/P Where: Pm = is the comparative offer which is the most favourable P = is the comparative offer of the tender under consideration F.3.11.8 Scoring of points for B-BBEE Status Level Contributor Points must be awarded to a bidder for attaining the B-BBEE status level of contribution in accordance with the table below. B-BBEE Status Level of Contributor Number of points (80/20 system) 1 20 3 16 4 12 8 2 Non-compliant contributor 0 A bid must not be disqualified from the bidding process if the bidder does not submit a certificate substantiating the B-BBEE status level of contribution or is a non-compliant contributor. Such a bidder will score zero (0) out of a maximum of 10 points for B-BBEE. Confirm that tenderers are eligible for the preferences claimed in accordance with the provisions of the tender data and reject all claims for preferences where tenderers are not eligible for such preferences. Calculate the total number of tender evaluation points for preferences claimed in accordance with the provisions of the tender data.
Sample 1
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