Setting Evaluation Criteria and Weightings
All Further Competitions run under the National LGPS Framework for Global Custody Services must use the following Evaluation Criteria:
| Evaluation Criteria | Allocated % |
| Quality and Service | Can be between 50% and 80% |
| Cost | Can be between 50% and 80% |
| Total | 100% |
You can set the weightings based on your priorities (within the minimum and maximum amounts allowed), as long as the total equals 100%. For example, if Quality is most important, you may allocate it 80% and adjust the others accordingly.
Once you have decided on the Evaluation Criteria weightings for your requirements, you can add them to the yellow section of the evaluation tab in the Call-Off Scoring Spreadsheet and to your Further Competition document.