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Pages 27-29

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From page 27...
... in bid evaluation to account for the differences in future costs between alternatives. Best-value alternate differential bidding, a variant of alternate bidding, allows for specifying superior alternatives at an agency-determined price differential along with a baseline configuration.
From page 28...
... Bid evaluation of alternate bidding contracts. Alternate Bidding Best-Value Alternate Differential Bidding Lower of Lower of OR Lower of Note: PV = present value, FC = future costs, C = bid adjustment factor, D = differential bid price.
From page 29...
... 6.3 Selection of Alternatives for Alternate Pavement-Type Bidding The alternative-preference screening matrix should be used for identifying equivalent pavement types. As discussed in Chapter 4, when an alternative meets the economic criteria and there are no noneconomic risks that outweigh its inclusion, then the pavement type is considered a qualified alternative.


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