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Questions and Answers for KEDC Fixed Asset Valuation
Bid |
| Q. Is there a list of
participating districts? |
| A. Yes., there is a link with the
participating districts. You can view the districts by clicking this link
in PDF format. |
| Q. Will this bid be considered
an "all or nothing" bid? (i.e. Will the participating districts
ALL go with the selected vendor?) |
| A. We would like to make a single
award to encourage better pricing from vendors. However, we may need to
make multiple awards depending on responses by vendors to the bid.
We will need to do whatever is the in overall best interest to the
districts. Given this uncertainty we have allowed Vendors to respond
on the Bid form with a MINIMUM number of districts for prices to be valid. |
| Q. The Insurance Appraisal
service was described as optional, but the Bid Response sheet does not
display a line - should vendors add it to the main fee section or include
this separately? |
| A. As indicated in the last sentence
of the section (Insurance Values), vendor must attach pricing structure. |
| Q. On the Bid Response sheet
there is a line for cost per student and a line for cost per square
foot. If a vendor's preferred method of quoting would not correlate
for different districts what should they do? |
| A. The per student cost requested is
for fixed assets. The square foot is for valuing buildings. If a vendor
can not respond in this manner they should attach a DETAILED price
explanation sheet. |
| Q. After the bid due date, is there a
timeline in mind for award? Also, who will select the successful
firm - KEDC, the districts, or both? |
| A. The awarded contract is to start
April 1, 2002. Once bids are opened they will be distributed to
participating Cooperatives. The Cooperatives will then evaluate the
responses. The KEDC board will award the contract based on
evaluation criteria. This criteria was provided by the participating
Cooperatives and districts. |
KEDC,
904 Rose Road Ashland, KY 41102-7104