Fictional score = Pi - Qi
Pi = Price of the offer
Qi = Quality of the offer (in €)
With the "Award for Value" formula, an arithmetic cost benefit is assigned to the score of the respondent's response to weighted wishes. The offer with the lowest fictional score (in €) is the winner.
During the preparation of the quotation request, the weight of each specific wish is determined in the form of a monetary amount.
The total registration price of Provider A is € 80,000.
Sub-award criterion 2.1.4. has been assigned a total value of € 2,500
A) Fully satisfactory (100%) (€ 2,500)
B) Partially satisfactory (60%) (€ 1,500)
C) Not satisfactory (0%) (€ 0)
Depending on the assessment of the offer, the amount depends on the registration fee. If the contracting authority assesses that the answer is partially satisfactory (B), € 1,500 is deducted from the total bid price.
€ 80,000 - € 1,500 = € 78,500
In practice there are several award criteria, each of which is deducted separately from the total bid price.