Kentucky State University intends to award a contract to the vendor, whose offer, conforming to the solicitation, is the most advantageous on the basis of "best value" for all products, services, and requirements contained herein.
An evaluation committee, or a designated individual, will evaluate the information provided by the vendor in response to the established measurable criteria contained in the solicitation.
MEASURABLE CRITERIA
| Price | 90 Points |
|---|---|
| Total Years in Business | 10 Points |
| TOTAL POINTS | 100 Points |
Each vendor is responsible for submitting all relevant, factual and correct information with their offer to enable the evaluator(s) to afford each vendor the maximum score based on the available data submitted by the Vendor.
A bidder shall submit one (1) response to a solicitation and shall not propose more than one (1) price for each item listed in the solicitation, except for requested tier pricing. Multiple or alternate bids offering more than one (1) bid price in total or by line item shall be rejected.
Vendors responding with the minimum Best Value requirements in this solicitation shall not be credited with Best Value points. Vendors responding with greater than the minimum requirements shall receive Best Value points. Failure to provide adequate information will impact the evaluated points awarded to the vendor.
The bidder with the lowest Price receives the maximum score. The bidder with the next lowest Price receives points by dividing the lowest Price by the next lowest price and multiplying that percentage by the available points. For example, 90 points is allocated to the lowest Price criteria for this procurement, bidder "A" bids $3.00 as the lowest bidder and receives the maximum 90 points ($3.00 / $3.00 = 1.00 x 90 = 90). Assume bidder "B" is the next lowest bidder at $4.00, then "B" receives 67.5 points ($3.00 / $4.00) = .75 x 90 = 67.5).
The bidder shall clearly state the number of years in business for requested services. Years in business should only include years in business within the United States. One (1) year in business is the minimum requirement for this criteria. Points are only given to bidders who meet or exceed the one (1) year requirement. The bidder with the greatest number of years (not to exceed 20 years for evaluation purposes) receives the maximum number of points. The bidder with the next largest number of years, receives points by dividing the next largest number of years in business by the largest number of years in business and multiplying that percentage by the available points. For example, 10 points is allocated to the largest number of years of business, for this procurement, bidder "A" bids 20 years as the bidder with the largest number of years in business and receives the maximum of 10 points (20 / 20 = 1.00 x 10 = 10). Assume bidder "B" is the bidder with the next largest number of years in business.