Question
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:
| Firm | Rated Evaluation | Financial Bid |
| A | 65 | $ 109,000 |
| B | 90 | $ 153,000 |
| C | 70 | $ 132,000 |
| D | 75 | $ 125,000 |
| E | 70 | $ 131,000 |
| F | 80 | $ 129,000 |
| G | 69 | $ 110,000 |
| H | 60 | $ 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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Firm A G and H has not got at least 70 rated evaluation Hence these firms wil...
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Business Statistics
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
3rd Edition
978-0321944726, 321925831, 9780321944696, 321944720, 321944690, 978-0321925831
