where - a = price of lowest Bidder b = price of tender being evaluated 5.3.1.1 Prices submitted as part of this ITT must remain open for acceptance for a minimum of 120 days from the closing date for the receipt of offers. 5.3.1.2 Prices must be exclusive of VAT. Please see Appendix 2 for Pricing schedule that should be completed and returned as part of your tender response. 5.3.1.3 The contract price will be fixed for the duration of the contract. 5.3.1.4 Contract prices applicable to any extension of the contract will be agreed by negotiation prior to that extension. 5.3.1.5 Bidders must demonstrate how their proposals represent overall value for money and how they will assist Midland Heart with cost initiatives. 5.3.2 Technical Merit (Quality) (??%) Quality This criteria carries a weighting of ??% of the overall achievable score and is broken – down into the following areas and respective weightings. WEIGHTING Add in question title i) Add in question ??% Add in question title i) Add in question ??% ii) Add in question ??% Add in question title i) Add in question ??% ii) Add in question ??% Add in question title i) Add in question ??% ii) Add in question ??% Add in question title i) Add in question ??% ii) Add in question ??% Add in question title i) Add in question ??% ii) Add in question ??%
where - a = price of lowest Bidder b = price of tender being evaluated 5.3.1.1 Prices submitted as part of this ITT must remain open for acceptance for a minimum of 120 days from the closing date for the receipt of offers. 5.3.1.2 Prices must be exclusive of VAT. Please see Appendix 2 for Pricing schedule that should be completed and returned as part of your tender response. 5.3.1.3 The contract price will be fixed for the duration of the contract. 5.3.1.4 Contract prices applicable to any extension of the contract will be agreed by negotiation prior to that extension. 5.3.1.5 Bidders must demonstrate how their proposals represent overall value for money and how they will assist Midland Heart with cost initiatives. 5.3.2 Technical Merit (Quality) (??%) Quality – This criteria carries a weighting of ??% of the overall achievable score and is broken down into the following areas and respective weightings. WEIGHTING Add in question title i) Add in question ??% Add in question title i) Add in question ??% ii) Add in question ??% Add in question title i) Add in question ??% ii) Add in question ??% Add in question title i) Add in question ??% ii) Add in question ??% Add in question title i) Add in question ??% ii) Add in question ??% Add in question title i) Add in question ??% ii) Add in question ??%