GroundRules
48 CFR 14.408-2: 14.408-2 Responsible bidder—reasonableness of price.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 1—FEDERAL ACQUISITION REGULATION
- SUBCHAPTER C—CONTRACTING METHODS AND CONTRACT TYPES
- PART 14—SEALED BIDDING
- Subpart 14.4—Opening of Bids and Award of Contract
(a) The contracting officer shall determine that a prospective contractor is responsible (see subpart 9.1) and that the prices offered are reasonable before awarding the contract. The price analysis techniques in 15.404-1(b) may be used as guidelines. In each case the determination shall be made in the light of all prevailing circumstances. Particular care must be taken in cases where only a single bid is received.
(b) The price analysis shall consider whether bids are materially unbalanced (see 15.404-1(g)).
Collected 2026-08-27T02:26:29Z. Source file · JSON