EPIC Funds Spent in California Projects that spend EPIC funds in California will receive points as indicated in the table below. in California” means that: (1) Funds under the “Spent “Direct Labor” category and all categories calculated based on direct labor in the Direct Labor tab are paid to individuals who pay California state income taxes on wages received for work performed under the agreement; and (2) Business transactions (e.g., material and equipment purchases, leases, rentals, and contractual work) are entered into with a business located in California. Airline ticket purchases and payments made to out-of-state workers are not 5 considered funds in California.” However, funds spent by out-of-state “spent workers in California (e.g., hotel and food) are considered funds in “spent California.” 70 Total Possible Points for Criteria 1-6 (Minimum Passing is 49) COST CRITERIA 7. Average Loaded Hourly Rate (Cost Points). The for this criteria will be derived from the mathematical cost formula set forth below, which compares the cumulative average loaded hourly rate of all loaded hourly rates listed in the 30 subject Bidder’s Cost Bid, with the cumulative average loaded hourly rate of all loaded hourly rates listed in the Lowest Bidder’s cost bid. Total Possible Points 100 Minimum Passing Score (70%) 70 BIDDER’S TOTAL TECHNICAL SCORE Small/Micro Business Preference Non-Small Business Preference Disabled Veteran Business Enterprise Incentive Funding Preference /5 BIDDER’S FINAL SCORE The method for evaluating the based on average loaded hourly rate is the formula below: Cost Formula for calculation of average loaded hourly rate score (criterion 7 above) Bidder” is defined as the Bidder with the lowest cumulative average loaded hourly “Lowest rate for all prime contractor and all subcontractor personnel.
EPIC Funds Spent in California Projects that spend EPIC funds in California will receive points as indicated in the table below. “Spent in California” means that: (1) Funds under the “Direct Labor” category and all categories calculated based on direct labor in the Direct Labor tab are paid to individuals who pay California state income taxes on wages received for work performed under the agreement; and (2) Business transactions (e.g., material and equipment purchases, leases, rentals, and contractual work) are entered into with a business located in California. Airline ticket purchases and payments made to out-of-state workers are not considered funds “spent in California.” However, funds spent by out-of-state workers in California (e.g., hotel and food) are considered funds “spent in California.” 5 Total Possible Points for Criteria 1-6 (Minimum Passing is 49) 70 COST CRITERIA 7. Average Loaded Hourly Rate (Cost Points). The for this criteria will be derived from the mathematical cost formula set forth below, which compares the cumulative average loaded hourly rate of all loaded hourly rates listed in the subject Bidder’s Cost Bid, with the cumulative average loaded hourly rate of all loaded hourly rates listed in the Lowest Bidder’s cost bid. 30 Total Possible Points 100 Minimum Passing Score (70%) 70 BIDDER’S TOTAL TECHNICAL SCORE Small/Micro Business Preference Non-Small Business Preference Disabled Veteran Business Enterprise Incentive Funding Preference /5 BIDDER’S FINAL SCORE The method for evaluating the based on average loaded hourly rate is the formula below: Cost Formula for calculation of average loaded hourly rate score (criterion 7 above) “Lowest Bidder” is defined as the Bidder with the lowest cumulative average loaded hourly rate for all prime contractor and all subcontractor personnel.
00-SEED-Application-Manual_2015-12-11.docx