{"data":{"id":"us/48-cfr-14.408-2","jurisdiction":"us","citation":"48 CFR 14.408-2","heading":"14.408-2 Responsible bidder—reasonableness of price.","body":"(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.\n(b) The price analysis shall consider whether bids are materially unbalanced (see 15.404-1(g)).","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"407a37e45d707811c457dc30a0b01bc04ddfd23f2997fce99ebcbea1638d9f3b","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-14.408-1","next":"us/48-cfr-14.408-3"},"notice":"GroundRules: Original legal text. Not legal advice."}