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A RFP was issued for further education training at Algonquin College. As a result, eight proposals were received. The evaluation yielded the following results: Firm

A RFP was issued for further education training at Algonquin College. As a result, eight proposals were received. The evaluation yielded the following results:

FirmRated EvaluationFinancial Bid
A65$ 109,000
B90$ 153,000
C70$ 132,000
D75$ 125,000
E70$ 131,000
F80$ 129,000
G69$ 110,000
H60$ 100,000

The evaluated pass mark for this requirement was 70. Given that the method of evaluation is highest combined rating with the price at 25% and the rated evaluation at 75% of the total, what would be the evaluation results for each firm and which one would be awarded the contract?

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