DOCUMENT

SPEC - Disbursement of Advance Funds 2004

  • YEAR CREATED: 2004
  • ENTITY TYPE: Authority: Transportation
  • TYPE OF DOCUMENT: SPEC - Specification
The document is an evaluation criteria for a respondent's response to a specification for payment processing and claims processing services. The document includes various sections and paragraphs outlining the requirements and qualifications for the respondent. The document specifies that the respondent must have a minimum of 5 years of experience in providing similar services. It also includes sections for respondent business references, key personnel resumes, and a description of operations. The document emphasizes the importance of returning the required submission documents and information, as failure to do so will result in the response being considered non-responsive. The evaluation criteria section of the document provides a rating scale from 0 to 5 for evaluating the respondent's qualifications and capabilities. The respondent's qualifications account for 10% of the total score, while the demonstration of capability accounts for 90% of the total score. The demonstration of capability includes factors such as hours of operation, orientation sessions/meetings, administrative requirements, automation requirements, quality assurance, key personnel, payment processing, vendor reimbursement, reporting requirements, and confidentiality/breach of security. Each factor is assigned a weight and a score based on the evaluator's level of agreement with the respondent's response. The total score is calculated by multiplying the score by the weight for each factor.
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