(a) The highest quality of restoration commensurate with reasonable costs and obtainable within available funds is considered to serve the best interests of the state. Cost, proposed method, and experience in similar work shall be considered by the agency as interrelated and inseparable factors in the award of a contract. Therefore, the award may be made other than to the lowest bidder. To permit evaluation of bidder qualifications, bid proposal documents shall include the following:

(1) The types of skills and numbers of persons of each skill needed to accomplish the work, together with the proposed rate of payment of each;

(2) The anticipated quantity of materials estimated to be required, together with the unit price for each;

(3) The proposed factor by which subdivisions (a)(1) and (2) of this section shall be multiplied to provide for overhead and profit;

(4) The calculations contained in subdivisions (a)(1), (2), and (3) of this section shall be extended and totaled to produce an estimated total cost for the project. Bid forms prepared by the contracting agencies shall be provided for the purpose of setting forth the calculations;

(5) A narrative statement of the methods and the techniques proposed for the restoration work;

(6) A listing of previous comparable projects completed by the bidder, including location, cost, date completed, and owner's name and address; and

(7) A resume of the personal experience of the key supervisory personnel who will be directly involved in the execution of the project.

(b) No contract shall be awarded under the provisions of this section and §§ 22-9-208, 22-9-209, and 22-9-211 until the contracting agency has submitted copies of the invitation for bids, together with all proposals received and the agency's narrative statement of its evaluation and recommendations for approval, to the Chief Fiscal Officer of the State.