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Early Warning System - UNDP Trinidad and Tobago

Early Warning System - UNDP Trinidad and Tobago

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Note: Consultants obtaining points below the minimum requirements i.e.70% of the total points shallbe considered as unqualified.Financial Proposal EvaluationEvaluation of the price proposals (of all consultants who have attained minimum 70 % score in thetechnical evaluating) will be based on the weight scoring method as follows:The lowest price is ranked as the first one (receiving highest amount of points) <strong>and</strong> the most expensiveas the last one (receiving the least amount of points).- Lowest price is given maximum points (e.g. 30), for other prices the points are assigned basedon the following formula:- p = y (μ/z)Where:p = points for the financial proposal being evaluatedy = maximum number of points for the financial proposalμ = price of the lowest priced proposalz = price of the proposal being evaluatedSample: Summary of Financial Proposal (Form 2)PointsObtainableName of ConsultantName 1 Name 2 Name 3Financial Proposal Max 30Ranking by priceSub-total for Financial Evaluation 30Combined Technical <strong>and</strong> Financial Proposal Evaluation FormSample: Summary of Technical <strong>and</strong> Financial Proposals(Form – 3)PointsObtainableName of ConsultantName 1 Name 2 Name 3Sub-total Technical Proposal 70Sub-total Financial Proposal 30Total for Technical <strong>and</strong> Financial Proposal 100Note: C<strong>and</strong>idate with highest combined score technical + financial shall be selected7

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