Calculation formula of reasonable low price method
The calculation formula of the reasonable low price method is that all bidders' quotations are divided by the number of companies and multiplied by 85%, and the result is the reasonable lowest quotation. Reasonable low price method is a special bid evaluation method, which is mainly used in the bidding process. The characteristic of this method is that the bidders who have passed the preliminary evaluation and detailed evaluation will not be graded on their construction organization design, financial ability, technical ability, performance and credibility, but will be graded on the bid evaluation price according to the method specified in the tender documents. The bid evaluation price scores are sorted from high to low, and the top 3 bidders are recommended as the candidates for winning the bid. When the bidder's comprehensive total score is the same, the order of low quotation is the first; When the total scores of bidders are the same and the quotations are the same, the ranking will be determined by on-site lottery. This method aims to ensure that the bidder's quotation is reasonable and meets the requirements of the bidding documents, and at the same time promote the fairness, justice and transparency of the bidding process.