The combined score is calculated by adding the technical score and the financial score: S = Ts + Fs, where S is the combined score, Ts is the technical score, and Fs is the financial score.
In simpler terms, to get the combined score, you simply add the scores received for the technical and financial aspects of an evaluation. The higher the combined score, the more preferred the bidder.
Here's a breakdown:
- Technical Score (Ts): This reflects the quality and suitability of the technical proposal.
- Financial Score (Fs): This represents the evaluation of the cost-effectiveness of the financial proposal.
- Combined Score (S): This is the sum of the Technical and Financial scores.
Example:
Let's say an agency receives the following scores:
- Technical Score (Ts) = 80
- Financial Score (Fs) = 70
Then, the Combined Score (S) would be:
S = 80 + 70 = 150
Therefore, the combined score for this agency would be 150. The agency with the highest combined score is typically selected as the preferred bidder.
