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## 3.3.2 PRICE OF THE OFFER 

The Financial Offer form Annex III (b)  contains eight (8) price boxes, which shall be completed with a monetary amount by the tenderer. 

Please note:  If any price box is left blank by the tenderer then the Financial Offer will be considered to be invalid and will be eliminated from further evaluation. 

The price points shall be calculated based on the following price scenario formula: 

P $_{B}$ = (100 x P 1 ) + (50 x P 2 ) + (80 x P 3 ) + (200 x P 4 ) + (50 x P 5 ) + (100 x P 6 ) + (100 x P 7 ) + (100 x P 8 ) 

Where; 

PP  = Weighted price points 

PC  = Cheapest bid price received 

PB  = Bid price being evaluated 

## 3.3.3 AWARD OF THE CONTRACT 

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The contract will be awarded to the offer that is the most cost effective (offers the best value for money) which obtains the highest number of points after the final evaluation, based on the ratio between the quality criteria (70%) and the price (30%). The following formula will be used: 

Where; 

QP = Qualitative points 

PP = Price points 

TWP = Total weighted points score 

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In case the successful tenderer is unable to sign the contract for any reason, the Contracting Authority reserves the right to award the contract to other tenderers as per the ranking order established following the evaluation procedure. 

## 4. TENDER OPENING 

The public opening of received tenders will take place on 18 th March 2020 at 11:30 EET Eastern European Time (Greek local time)  at ENISA Athens office, 1 Vasilissis Sofias Street, Maroussi 151 24 Attiki, Greece. 

