DOCUMENT

PROCEDURE - Best Value Examples

  • ENTITY TYPE: K-12
  • TYPE OF DOCUMENT: POL - Policies/Procedures
The document is a procurement guideline for the Richland One school district in South Carolina. The document outlines the district's policy on competitive best value bidding (CBVB) for contracts amounting to $25,000 or more. The CBVB process allows for the consideration of factors beyond just cost, such as quality, performance, and other evaluation criteria. The document specifies that cost must be weighted at a minimum of 60% in the evaluation process. It also lists various evaluation factors that may be considered, including operational costs, product quality, delivery reliability, warranties, vendor financial stability, and prior vendor performance. The document states that discussions may be conducted with bidders to clarify the CBVB process, and bids are to be ranked based on the stated evaluation criteria. The award must be made to the bidder whose bid is determined to be the most advantageous to the district, considering all evaluation factors. The document also includes attachments, such as a determination for competitive best value bid and a sample tabulation of bids.
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