United States Code · Section
§ 3701 — Basis Of Award And Rejection
41 U.S.C. § 3701
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(a) An executive agency shall evaluate sealed bids and competitive proposals, and award a contract, based solely on the factors specified in the solicitation.
(b) All sealed bids or competitive proposals received in response to a solicitation may be rejected if the agency head determines that rejection is in the public interest.
Implementing Regulations
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15.101-2 Lowest price technically acceptable source selection process.48 C.F.R. § 15.101-2
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17.803 Applicability.48 C.F.R. § 17.803