What is the reasonable low price method?

The reasonable lowest bid evaluation method is that the project owner selects the contractor through bidding, and the one with the reasonable lowest bid among all bidders becomes the winning bidder. The "reasonable lowest price" here refers to the lowest bid price that should meet the substantive requirements of the bidding documents, except that the bid price is lower than the enterprise's own cost. The lowest bid price is not necessarily the lowest bid price.

Bid evaluation price is a quantitative index to measure bidding competitiveness in monetary form. In addition to the price factor, the construction organization design, quality, time limit for a project, the contractor's previous construction experience and the adoption of new construction technology are also comprehensively considered.

Advantages:

The advantages of adopting the evaluated reasonable lowest bid evaluation method are:

1, which is in line with the business goal of micro-subjects pursuing profit maximization under the market economy system.

2. Reasonably and moderately increasing the bidding competitiveness can save money for the construction unit and improve the investment benefit.

3. It is beneficial for the contractor to continuously improve management, improve technical level, strengthen cost accounting, enhance market competitiveness and improve resource allocation efficiency.

4, contribute to the reform of relevant management mechanisms in the construction field, and truly form a project approval, supervision and post-audit evaluation system with clear rights and responsibilities.

Refer to the above contents: Baidu Encyclopedia-Reasonable Lowest Bid Evaluation Method