Code of Federal Regulations · Section

§ 14.408-2 — 14.408-2 Responsible Bidder—Reasonableness Of Price

48 C.F.R. § 14.408-2

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(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)).

48 C.F.R. § 14.408-1 48 C.F.R. § 14.408-3

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