# What Are the Most Common Non-Price Criteria Used to Evaluate an RFP Response? ▴ Question

**Published:** 2025-08-09
**Categories:** Question

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## Concept

The evaluation of a Request for Proposal (RFP) response is a sophisticated analytical process. It moves beyond the rudimentary comparison of price points to a systemic assessment of value. A procurement decision, particularly for critical infrastructure or services, represents a long-term integration of an external entity into an organization’s operational framework. Therefore, the [selection process](https://prime.greeks.live/question/how-does-dealer-selection-influence-the-severity-of-adverse-selection-in-illiquid-markets/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) must function as a rigorous diagnostic tool, designed to identify the partner who offers the most robust and resilient solution, ensuring operational continuity and strategic alignment.

The fixation on cost as the primary determinant is a flawed approach, often leading to a higher [total cost of ownership](https://prime.greeks.live/area/total-cost-of-ownership/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) when factors like implementation failures, service degradation, or supplier instability are accounted for. The true objective is to secure the most economically advantageous proposal, a concept that inherently balances cost with a spectrum of qualitative and performance-related factors.

At its core, the use of [non-price criteria](https://prime.greeks.live/area/non-price-criteria/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) is an exercise in [risk mitigation](https://prime.greeks.live/area/risk-mitigation/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite). Every proposal carries an embedded risk profile, encompassing potential failures in technology, service delivery, and vendor viability. A structured evaluation of non-price factors is the mechanism by which these risks are identified, quantified, and compared. This analytical rigor ensures that the chosen solution is not only cost-effective at the point of acquisition but also sustainable and reliable throughout its lifecycle.

The process transforms a simple purchasing decision into a strategic investment, where the selected vendor becomes a component of the organization’s own value delivery system. Consequently, the criteria chosen for evaluation must directly reflect the core operational and strategic priorities of the procuring entity.

> The strategic use of non-price criteria transforms procurement from a simple cost-based transaction into a sophisticated exercise in risk management and value optimization.

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## Deconstructing the Evaluation Framework

An effective [RFP evaluation](https://prime.greeks.live/area/rfp-evaluation/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) framework is built upon a foundation of clearly defined, measurable, and relevant non-price criteria. These criteria are not arbitrary; they are the distilled essence of the project’s requirements and the organization’s operational standards. The framework must be designed to objectively dissect each proposal, assigning quantitative values to qualitative attributes.

This structured approach provides a defensible and transparent basis for decision-making, moving the selection process from the realm of subjective preference to one of empirical analysis. The criteria serve as the analytical lenses through which the true value of each proposal is brought into focus.

![A dark, textured module with a glossy top and silver button, featuring active RFQ protocol status indicators. This represents a Principal's operational framework for high-fidelity execution of institutional digital asset derivatives, optimizing atomic settlement and capital efficiency within market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-execution-interface-1.jpg)

## Technical Proficiency and Solution Architecture

A primary pillar of the evaluation rests on the technical merits of the proposed solution. This extends beyond a simple checklist of features to a deep analysis of the solution’s architecture, its scalability, and its integration capabilities. The assessment must validate the vendor’s understanding of the underlying requirements and their ability to deliver a solution that is not only functional but also elegant and efficient.

This involves scrutinizing the proposed technology stack, the data management plan, and the security protocols. The objective is to ascertain whether the proposed solution is a temporary fix or a long-term, scalable asset that can evolve with the organization’s needs.

![Abstract visualization of an institutional-grade digital asset derivatives execution engine. Its segmented core and reflective arcs depict advanced RFQ protocols, real-time price discovery, and dynamic market microstructure, optimizing high-fidelity execution and capital efficiency for block trades within a Principal's framework](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-engine-interface.jpg)

## Vendor Stability and past Performance

The long-term viability of a vendor is a critical consideration. A solution is only as reliable as the organization that supports it. Therefore, a thorough due diligence process is required to assess the vendor’s financial health, market reputation, and organizational stability. This analysis is complemented by a rigorous review of their [past performance](https://prime.greeks.live/area/past-performance/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) on comparable projects.

Case studies, client testimonials, and reference checks provide empirical evidence of the vendor’s ability to deliver on their promises. This historical data is a powerful predictor of future performance and a key indicator of the potential risks associated with a particular vendor.

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## Strategy

The strategic framework for evaluating RFP responses is a system designed to translate an organization’s strategic objectives into a quantifiable and objective selection process. The allocation of weights to different non-price criteria is the mechanism through which this translation occurs. A common pitfall is the overweighting of price, which can inadvertently prioritize short-term savings over long-term value and stability.

Best practices suggest that price should typically constitute 20-30% of the total evaluation score, leaving the substantial majority of the weight to be distributed among various non-price factors. This deliberate weighting strategy ensures that the selection process is aligned with the organization’s overarching goals, whether they be technological innovation, operational resilience, or superior service quality.

The development of this strategic framework begins with a clear articulation of the project’s success factors. What are the critical elements that will determine the success or failure of this initiative? The answers to this question form the basis for the selection and weighting of the evaluation criteria. For instance, in the procurement of a critical IT system, criteria related to system reliability, security, and scalability would receive a higher weighting.

In contrast, for a professional services contract, criteria related to the experience and qualifications of the proposed team would be paramount. This tailored approach ensures that the [evaluation process](https://prime.greeks.live/question/how-do-regulatory-frameworks-like-mifid-ii-influence-the-process-for-rfq-counterparty-evaluation-and-best-execution/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) is a true reflection of the project’s unique requirements and strategic importance.

![A metallic disc, reminiscent of a sophisticated market interface, features two precise pointers radiating from a glowing central hub. This visualizes RFQ protocols driving price discovery within institutional digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocols-price-discovery.jpg)

## Building a Weighted Scoring Model

A [weighted scoring model](https://prime.greeks.live/area/weighted-scoring-model/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) is the operational core of the strategic evaluation framework. This model provides a structured and transparent method for assessing and comparing diverse proposals. The first step in building this model is the categorization of the evaluation criteria. These categories typically include technical capabilities, vendor qualifications, management approach, and implementation plan.

Each of these high-level categories is then broken down into a series of specific, measurable criteria. This granular approach allows for a more nuanced and detailed assessment of each proposal.

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## Assigning Weights to Criteria

Once the criteria have been defined, the next step is to assign a weight to each one. This weight represents the relative importance of that criterion in the overall evaluation. The sum of all weights must equal 100%. The process of assigning weights should be a collaborative effort, involving key stakeholders from across the organization.

This ensures that the final weighting scheme reflects a consensus view of the project’s priorities. The table below provides an illustrative example of a [weighted scoring](https://prime.greeks.live/question/what-is-the-difference-between-simple-scoring-and-weighted-scoring-in-an-rfp/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) model for a software procurement project.

| Evaluation Category | Specific Criterion | Weight (%) |
| --- | --- | --- |
| Technical Solution (40%) | Alignment with Functional Requirements | 15 |
| Vendor Qualifications (30%) | Past Performance and Case Studies | 10 |
| Implementation and Support (30%) | Implementation Methodology and Timeline | 15 |

This structured approach ensures that all proposals are evaluated against the same set of standards, and the final decision is based on a comprehensive and data-driven analysis. The use of a formal [scoring model](https://prime.greeks.live/question/what-is-the-difference-between-simple-scoring-and-weighted-scoring-in-an-rfp/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) also provides a clear and defensible audit trail for the procurement decision.

> A well-constructed weighted scoring model is the engine of an objective RFP evaluation, systematically converting qualitative strengths into a clear, quantitative hierarchy of value.

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## Common Non-Price Evaluation Criteria

While the specific criteria and their weightings will vary depending on the project, there is a set of common non-price factors that are frequently used in RFP evaluations. These criteria provide a comprehensive framework for assessing the overall value proposition of a proposal.

- **Technical Ability** ▴ This is often the most heavily weighted category. It assesses the vendor’s demonstrated skills, experience, and capacity to meet the contract’s technical requirements. Evidence can include detailed architectural diagrams, proofs of concept, and technical documentation.

- **Past Performance** ▴ This criterion evaluates the vendor’s track record on similar projects. It seeks to answer questions about their ability to deliver on time, within budget, and to the required quality standards. This is a key risk mitigation tool.

- **Methodology and Management Approach** ▴ This assesses the vendor’s proposed plan for executing the project. It includes their project management methodology, quality assurance processes, and communication plan. A well-defined methodology indicates a mature and disciplined organization.

- **Key Personnel** ▴ The qualifications and experience of the team assigned to the project are a critical factor. The evaluation should include a review of the resumes and certifications of key personnel.

- **Social Value and Corporate Responsibility** ▴ Increasingly, organizations are including criteria related to a vendor’s commitment to social and environmental responsibility. This can include factors such as diversity and inclusion policies, environmental sustainability practices, and community engagement initiatives.

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![A central metallic RFQ engine anchors radiating segmented panels, symbolizing diverse liquidity pools and market segments. Varying shades denote distinct execution venues within the complex market microstructure, facilitating price discovery for institutional digital asset derivatives with minimal slippage and latency via high-fidelity execution](https://options.greeks.live/wp-content/uploads/2025/07/principals-digital-asset-derivatives-rfq-protocol-execution-nexus.jpg)

## Execution

The execution of the RFP evaluation process is where the strategic framework is put into practice. It is a meticulous and data-driven exercise that requires a dedicated [evaluation committee](https://prime.greeks.live/question/how-should-an-rfp-evaluation-committee-be-structured-to-ensure-an-unbiased-and-effective-decision/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite), a clearly defined scoring methodology, and a commitment to objectivity. The goal is to systematically deconstruct each proposal, score it against the predetermined criteria, and then synthesize the results to identify the most advantageous offer. This process must be conducted with a high degree of analytical rigor to ensure a fair, transparent, and defensible outcome.

A critical aspect of this execution phase is the management of potential biases, such as the ‘lower bid bias’, where knowledge of the price can unduly influence the evaluation of qualitative factors. To counteract this, a two-stage evaluation process is often employed, where the non-price criteria are scored before the price is revealed.

![Angular metallic structures precisely intersect translucent teal planes against a dark backdrop. This embodies an institutional-grade Digital Asset Derivatives platform's market microstructure, signifying high-fidelity execution via RFQ protocols](https://options.greeks.live/wp-content/uploads/2025/07/digital-asset-derivatives-rfq-high-fidelity-execution-system-architecture.jpg)

## The Evaluation Committee and Scoring Process

The foundation of a successful evaluation is the establishment of a cross-functional evaluation committee. This committee should be composed of individuals with the requisite expertise to assess the various aspects of the proposals, including technical, financial, and operational considerations. The committee’s first task is to develop a detailed scoring guide that provides clear definitions for each evaluation criterion and a consistent scale for assigning scores. A common approach is to use a five-point scale, where each point corresponds to a specific level of performance, as illustrated below:

- **5 (Excellent)** ▴ The proposal significantly exceeds the requirements. The approach is innovative, comprehensive, and presents a low-risk, high-value proposition.

- **4 (Good)** ▴ The proposal meets all requirements and demonstrates a strong understanding of the objectives. The approach is sound and presents a low to moderate level of risk.

- **3 (Satisfactory)** ▴ The proposal meets the minimum requirements. The approach is acceptable but may have some weaknesses or present a moderate level of risk.

- **2 (Marginal)** ▴ The proposal fails to meet some key requirements. The approach has significant weaknesses and presents a high level of risk.

- **1 (Unacceptable)** ▴ The proposal fails to meet most or all of the requirements. The approach is flawed, and the proposal is not viable.

Each member of the evaluation committee independently scores each proposal against the scoring guide. These individual scores are then compiled and discussed in a consensus meeting. The purpose of this meeting is to resolve any significant discrepancies in the scores and to arrive at a single, consensus score for each criterion. This collaborative process helps to mitigate individual biases and ensures that the final scores reflect the collective judgment of the committee.

> The disciplined execution of a consensus-based scoring process by a cross-functional committee is the crucible where subjective proposal claims are forged into objective, defensible evaluation data.

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## Example Scoring and Analysis

To illustrate the execution of the scoring process, consider the evaluation of three proposals for a new CRM system. The evaluation committee has scored each proposal against the weighted criteria defined in the strategy section. The table below shows the consensus scores and the calculation of the final [weighted score](https://prime.greeks.live/question/how-does-a-counterparty-performance-score-differ-from-a-traditional-credit-score/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) for each vendor.

| Evaluation Criterion | Weight (%) | Vendor A Score (1-5) | Vendor A Weighted Score | Vendor B Score (1-5) | Vendor B Weighted Score | Vendor C Score (1-5) | Vendor C Weighted Score |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Alignment with Functional Requirements | 15 | 4 | 0.60 | 5 | 0.75 | 3 | 0.45 |
| System Architecture and Scalability | 15 | 5 | 0.75 | 4 | 0.60 | 4 | 0.60 |
| Security and Data Privacy Features | 10 | 4 | 0.40 | 4 | 0.40 | 5 | 0.50 |
| Past Performance and Case Studies | 10 | 3 | 0.30 | 5 | 0.50 | 4 | 0.40 |
| Financial Stability and Company History | 10 | 5 | 0.50 | 4 | 0.40 | 3 | 0.30 |
| Client References | 10 | 4 | 0.40 | 5 | 0.50 | 3 | 0.30 |
| Implementation Methodology and Timeline | 15 | 3 | 0.45 | 4 | 0.60 | 4 | 0.60 |
| Training and Post-Implementation Support | 15 | 4 | 0.60 | 5 | 0.75 | 3 | 0.45 |
| Total Non-Price Score | 100 | | 4.00 | | 4.50 | | 3.60 |

In this example, Vendor B has the highest non-price score, indicating that their proposal provides the best overall value, independent of price. This quantitative analysis provides a strong foundation for the final selection decision. The next step would be to incorporate the price score, calculated based on the proposed costs, to determine the final, overall ranking of the proposals.

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## References

- Shpak, N. et al. “Non-Price Criteria for the Evaluation of the Tender Offers in Public Procurement of Ukraine.” European Journal of Sustainable Development, vol. 9, no. 3, 2020, pp. 509-509.

- Worxwide Consulting. “Non-price Criteria and Proposal Success.” Worxwide Consulting, 2023.

- Bidhive. “The Importance of Non-Price Criteria in a Tender.” Bidhive, 9 Nov. 2022.

- Bonilla, David, et al. “Favoring the Lowest Bid in Public Procurement.” The Hebrew University of Jerusalem, 2017.

- OpenProcurment. “Non-price criteria.” OpenProcurement, 2021.

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## Reflection

The disciplined application of non-price criteria in RFP evaluation is a hallmark of a mature and strategically-minded organization. It represents a fundamental understanding that value is a complex equation, and price is but one of its variables. The framework detailed here provides a system for deconstructing and quantifying that value, for transforming the abstract concept of ‘best fit’ into a tangible, data-driven conclusion. The ultimate objective extends beyond the selection of a single vendor or solution.

It is about the deliberate construction of a resilient and high-performing operational ecosystem. Each procurement decision is an architectural choice, an opportunity to strengthen the foundation of the organization. Therefore, the critical introspection for any leader is not whether their evaluation process is sufficient, but whether it is a true reflection of their organization’s most profound strategic imperatives. Does the way you select your partners align with the value you intend to create?

![The image features layered structural elements, representing diverse liquidity pools and market segments within a Principal's operational framework. A sharp, reflective plane intersects, symbolizing high-fidelity execution and price discovery via private quotation protocols for institutional digital asset derivatives, emphasizing atomic settlement nodes](https://options.greeks.live/wp-content/uploads/2025/07/systemic-interplay-for-institutional-digital-asset-derivatives-execution-via-advanced-rfq-protocols.jpg)

## Glossary

<a href="https://prime.greeks.live/question/how-does-dealer-selection-influence-the-severity-of-adverse-selection-in-illiquid-markets/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A metallic precision tool rests on a circuit board, its glowing traces depicting market microstructure and algorithmic trading. A reflective disc, symbolizing a liquidity pool, mirrors the tool, highlighting high-fidelity execution and price discovery for institutional digital asset derivatives via RFQ protocols and Principal's Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocols-driving-high-fidelity-execution-and-market-microstructure-optimization-via-principal-prime-os.jpg)

## Selection Process

Strategic dealer selection is a control system that regulates information flow to mitigate adverse selection in illiquid markets. </a><a href="https://prime.greeks.live/area/total-cost-of-ownership/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A sophisticated metallic mechanism with a central pivoting component and parallel structural elements, indicative of a precision engineered RFQ engine. Polished surfaces and visible fasteners suggest robust algorithmic trading infrastructure for high-fidelity execution and latency optimization](https://options.greeks.live/wp-content/uploads/2025/07/precision-engineered-mechanism-for-institutional-digital-asset-derivatives-rfq-and-high-fidelity-execution.jpg)

## Total Cost of Ownership

Meaning ▴ Total Cost of Ownership (TCO) represents a comprehensive financial estimate encompassing all direct and indirect expenditures associated with an asset or system throughout its entire operational lifecycle. </a><a href="https://prime.greeks.live/area/non-price-criteria/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Central institutional Prime RFQ, a segmented sphere, anchors digital asset derivatives liquidity. Intersecting beams signify high-fidelity RFQ protocols for multi-leg spread execution, price discovery, and counterparty risk mitigation](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-cross-asset-rfq-execution-hub.jpg)

## Non-Price Criteria

Meaning ▴ Non-Price Criteria define the attributes beyond the quoted price that govern optimal execution outcomes in institutional digital asset derivatives trading. </a><a href="https://prime.greeks.live/area/risk-mitigation/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Translucent, overlapping geometric shapes symbolize dynamic liquidity aggregation within an institutional grade RFQ protocol. Central elements represent the execution management system's focal point for precise price discovery and atomic settlement of multi-leg spread digital asset derivatives, revealing complex market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-driving-optimal-liquidity-aggregation-for-precise-price-discovery-and-atomic-settlement.jpg)

## Risk Mitigation

Meaning ▴ Risk Mitigation involves the systematic application of controls and strategies designed to reduce the probability or impact of adverse events on a system's operational integrity or financial performance. </a><a href="https://prime.greeks.live/area/rfp-evaluation/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Transparent conduits and metallic components abstractly depict institutional digital asset derivatives trading. Symbolizing cross-protocol RFQ execution, multi-leg spreads, and high-fidelity atomic settlement across aggregated liquidity pools, it reflects prime brokerage infrastructure](https://options.greeks.live/wp-content/uploads/2025/07/cross-protocol-rfq-execution-digital-asset-derivatives-microstructure-system.jpg)

## Rfp Evaluation

Meaning ▴ RFP Evaluation denotes the structured, systematic process undertaken by an institutional entity to assess and score vendor proposals submitted in response to a Request for Proposal, specifically for technology and services pertaining to institutional digital asset derivatives. </a><a href="https://prime.greeks.live/area/past-performance/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A sophisticated institutional digital asset derivatives platform unveils its core market microstructure. Intricate circuitry powers a central blue spherical RFQ protocol engine on a polished circular surface](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-prime-os-unveiling-rfq-protocol-engine-market-microstructure-for-optimal-price-discovery-and-high-fidelity-execution.jpg)

## Past Performance

Meaning ▴ Past Performance refers to the quantifiable historical record of a trading system's or strategy's execution metrics, encompassing elements such as fill rates, slippage, latency, and profit and loss attribution, critical for empirical validation and system calibration within institutional digital asset derivatives. </a><a href="https://prime.greeks.live/question/how-do-regulatory-frameworks-like-mifid-ii-influence-the-process-for-rfq-counterparty-evaluation-and-best-execution/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A modular component, resembling an RFQ gateway, with multiple connection points, intersects a high-fidelity execution pathway. This pathway extends towards a deep, optimized liquidity pool, illustrating robust market microstructure for institutional digital asset derivatives trading and atomic settlement](https://options.greeks.live/wp-content/uploads/2025/07/rfq-protocol-layer-connecting-institutional-digital-asset-liquidity-pools.jpg)

## Evaluation Process

MiFID II mandates a data-driven, auditable RFQ process, transforming counterparty evaluation into a quantitative discipline to ensure best execution. </a><a href="https://prime.greeks.live/area/weighted-scoring-model/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![The image depicts two interconnected modular systems, one ivory and one teal, symbolizing robust institutional grade infrastructure for digital asset derivatives. Glowing internal components represent algorithmic trading engines and intelligence layers facilitating RFQ protocols for high-fidelity execution and atomic settlement of multi-leg spreads](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-platform-1.jpg)

## Weighted Scoring Model

Meaning ▴ A Weighted Scoring Model constitutes a systematic computational framework designed to evaluate and prioritize diverse entities by assigning distinct numerical weights to a set of predefined criteria, thereby generating a composite score that reflects their aggregated importance or suitability. </a><a href="https://prime.greeks.live/question/what-is-the-difference-between-simple-scoring-and-weighted-scoring-in-an-rfp/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A central RFQ aggregation engine radiates segments, symbolizing distinct liquidity pools and market makers. This depicts multi-dealer RFQ protocol orchestration for high-fidelity price discovery in digital asset derivatives, highlighting diverse counterparty risk profiles and algorithmic pricing grids](https://options.greeks.live/wp-content/uploads/2025/07/centralized-digital-asset-rfq-orchestration-for-multi-venue-liquidity-aggregation-and-high-fidelity-execution-across-diverse-counterparties.jpg)

## Weighted Scoring

Simple scoring offers operational ease; weighted scoring provides strategic precision by prioritizing key criteria. </a><a href="https://prime.greeks.live/question/what-is-the-difference-between-simple-scoring-and-weighted-scoring-in-an-rfp/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A transparent glass sphere rests precisely on a metallic rod, connecting a grey structural element and a dark teal engineered module with a clear lens. This symbolizes atomic settlement of digital asset derivatives via private quotation within a Prime RFQ, showcasing high-fidelity execution and capital efficiency for RFQ protocols and liquidity aggregation](https://options.greeks.live/wp-content/uploads/2025/07/architecting-high-fidelity-execution-for-institutional-digital-asset-derivatives-rfq-protocols-and-systemic-liquidity-aggregation.jpg)

## Scoring Model

Simple scoring offers operational ease; weighted scoring provides strategic precision by prioritizing key criteria. </a><a href="https://prime.greeks.live/question/how-should-an-rfp-evaluation-committee-be-structured-to-ensure-an-unbiased-and-effective-decision/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A sleek, futuristic apparatus featuring a central spherical processing unit flanked by dual reflective surfaces and illuminated data conduits. This system visually represents an advanced RFQ protocol engine facilitating high-fidelity execution and liquidity aggregation for institutional digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-digital-asset-options-rfq-liquidity-aggregation-interface.jpg)

## Evaluation Committee

A structured RFP committee, governed by pre-defined criteria and bias mitigation protocols, ensures defensible and high-value procurement decisions. </a><a href="https://prime.greeks.live/question/how-does-a-counterparty-performance-score-differ-from-a-traditional-credit-score/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Abstract, interlocking, translucent components with a central disc, representing a precision-engineered RFQ protocol framework for institutional digital asset derivatives. This symbolizes aggregated liquidity and high-fidelity execution within market microstructure, enabling price discovery and atomic settlement on a Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/07/principal-crypto-derivatives-rfq-protocol-execution-system-dynamics.jpg)

## Weighted Score

A counterparty performance score is a dynamic, multi-factor model of transactional reliability, distinct from a traditional credit score's historical debt focus. </a>

**Tags:** [Past Performance](https://options.greeks.live/area/past-performance/), [Vendor Assessment](https://options.greeks.live/area/vendor-assessment/), [Technical Capability](https://options.greeks.live/area/technical-capability/), [RFP Evaluation](https://options.greeks.live/area/rfp-evaluation/), [Non-Price Criteria](https://options.greeks.live/area/non-price-criteria/), [Supplier Evaluation](https://options.greeks.live/area/supplier-evaluation/)	

## Discover More

- 
### [How Does Total Cost of Ownership Influence a Value-Based Rfp?](https://options.greeks.live/question/how-does-total-cost-of-ownership-influence-a-value-based-rfp/)
![Abstract forms representing a Principal-to-Principal negotiation within an RFQ protocol. The precision of high-fidelity execution is evident in the seamless interaction of components, symbolizing liquidity aggregation and market microstructure optimization for digital asset derivatives. This visualizes a private quotation system, underpinning block trade execution with systemic resiliency for institutional-grade infrastructure.](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocol-execution-engine.jpg)

Total Cost of Ownership transforms a value-based RFP into a predictive model of lifecycle cost, ensuring superior capital efficiency.

- 
### [What Are the Most Common Hidden Costs Overlooked in an Rfp Evaluation?](https://options.greeks.live/question/what-are-the-most-common-hidden-costs-overlooked-in-an-rfp-evaluation/)
![Glossy, intersecting forms in beige, blue, and teal embody RFQ protocol efficiency, atomic settlement, and aggregated liquidity for institutional digital asset derivatives. The sleek design reflects high-fidelity execution, prime brokerage capabilities, and optimized order book dynamics for capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/08/precision-engineered-digital-asset-derivatives-execution-via-optimized-rfq-protocols-enhancing-principal-operational-frameworks.jpg)

An RFP evaluation's hidden costs are the unquantified liabilities of integration friction and operational drag.

- 
### [How Can a Technical Threshold Improve the RFP Selection Process?](https://options.greeks.live/question/how-can-a-technical-threshold-improve-the-rfp-selection-process/)
![A transparent sphere, representing a granular digital asset derivative or RFQ quote, precisely balances on a proprietary execution rail. This symbolizes high-fidelity execution within complex market microstructure, driven by rapid price discovery from an institutional-grade trading engine, optimizing capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-precision-1.jpg)

A technical threshold refines the RFP process by ensuring only vendors meeting core capability standards enter the evaluation funnel.

- 
### [How Does Procurement Complexity Influence Price Weighting in an Rfp?](https://options.greeks.live/question/how-does-procurement-complexity-influence-price-weighting-in-an-rfp/)
![A transparent, precisely engineered optical array rests upon a reflective dark surface, symbolizing high-fidelity execution within a Prime RFQ. Beige conduits represent latency-optimized data pipelines facilitating RFQ protocols for digital asset derivatives. This visual metaphor encapsulates market microstructure efficiency and atomic settlement capabilities for institutional-grade trading.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-system-architecture.jpg)

Procurement complexity dictates the architecture of an RFP's evaluation model, systematically de-emphasizing price to prioritize long-term value.

- 
### [What Is the Optimal Price Weighting for a Complex It System Rfp?](https://options.greeks.live/question/what-is-the-optimal-price-weighting-for-a-complex-it-system-rfp/)
![A sleek, segmented cream and dark gray automated device, depicting an institutional grade Prime RFQ engine. It represents precise execution management system functionality for digital asset derivatives, optimizing price discovery and high-fidelity execution within market microstructure.](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-engine-optimal-institutional-digital-asset-execution-system.jpg)

The optimal price weight in a complex IT RFP is a strategic calibration that subordinates initial cost to long-term value and risk mitigation.

- 
### [How Does the Total Cost of Ownership Model Impact the Weighting of Price in an RFP?](https://options.greeks.live/question/how-does-the-total-cost-of-ownership-model-impact-the-weighting-of-price-in-an-rfp/)
![Abstract visual representing an advanced RFQ system for institutional digital asset derivatives. It depicts a central principal platform orchestrating algorithmic execution across diverse liquidity pools, facilitating precise market microstructure interactions for best execution and potential atomic settlement. The interconnectedness highlights optimized order flow.](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-rfq-platform-institutional-digital-asset-derivatives-ecosystem.jpg)

The Total Cost of Ownership model re-architects the RFP by shifting evaluation from initial price to a comprehensive lifecycle value analysis.

- 
### [How Should the Weighting of Rfp Evaluation Criteria Differ between a Commodity Purchase and a Strategic Partnership?](https://options.greeks.live/question/how-should-the-weighting-of-rfp-evaluation-criteria-differ-between-a-commodity-purchase-and-a-strategic-partnership/)
![Abstract geometric representation of an institutional RFQ protocol for digital asset derivatives. Two distinct segments symbolize cross-market liquidity pools and order book dynamics. A central, illuminated conduit signifies high-fidelity execution, price discovery, and algorithmic trading within a Principal's operational framework, optimizing block trade settlement and capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-protocol-2.jpg)

RFP weighting for commodities prioritizes cost efficiency, while for strategic partnerships it models long-term value co-creation.

- 
### [How Should an Organization Adjust Its RFP Scoring Weights for Strategic versus Commodity Procurements?](https://options.greeks.live/question/how-should-an-organization-adjust-its-rfp-scoring-weights-for-strategic-versus-commodity-procurements/)
![Precision instruments, resembling calibration tools, intersect over a central geared mechanism. This metaphor illustrates the intricate market microstructure and price discovery for institutional digital asset derivatives. It highlights the analytical rigor of RFQ protocols ensuring high-fidelity execution and capital efficiency across dark pools.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-execution-engine-microstructure-analytics.jpg)

An organization must bifurcate its RFP scoring, weighting price heavily for commodities and prioritizing capability and long-term value for strategic procurements.

- 
### [How Do You Create a Weighted Scoring Model to Align Technical and Financial Evaluation Criteria in an Rfp?](https://options.greeks.live/question/how-do-you-create-a-weighted-scoring-model-to-align-technical-and-financial-evaluation-criteria-in-an-rfp/)
![A segmented circular diagram, split diagonally. Its core, with blue rings, represents the Prime RFQ Intelligence Layer driving High-Fidelity Execution for Institutional Digital Asset Derivatives. Outer segments denote RFQ protocols and order flow pathways, reflecting Market Microstructure for Private Quotation.](https://options.greeks.live/wp-content/uploads/2025/08/high-speed-prime-os-rfq-digital-asset-derivatives-trade-execution.jpg)

A weighted scoring model is a system for translating strategic priorities into a quantitative, defensible framework for vendor selection.

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---

**Original URL:** https://options.greeks.live/question/what-are-the-most-common-non-price-criteria-used-to-evaluate-an-rfp-response/
