Alaska Admin. Code tit. 3, § 109.270
(b) The procurement officer shall evaluate bids to determine which bid offers the lowest price to the authority in accordance with the evaluation criteria set out in the invitation to bid. The criteria that will affect the bid price and be considered in evaluation for award must be objectively measurable, such as discounts, transportation costs, and total or life cycle costs. Evaluation factors need not be precise predictors of actual future costs, but to the extent possible the evaluation factors must
(Eff. 7/10/2015, Register 215)
Authority: AS 44.83.080