Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 41 - Public Contracts and Property Management |
Subtitle C - Federal Property Management Regulations System |
Chapter 102 - Federal Management Regulation |
SubChapter D - Transportation |
Part 102-117 - Transportation Management |
Subpart B - Acquiring Transportation or Related Services |
§ 102-117.55 - What are the advantages and disadvantages of using a rate tender?
Latest version.
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§ 102-117.55 What are the advantages and disadvantages of using a rate tender?
(a) Using a rate tender is an advantage when you:
(1) Have a shipment that must be made within too short a time frame to identify or solicit for a suitable contract;
(2) Have shipments recurring between designated places, but do not expect sufficient volume to obtain favorable rates; or
(3) Are not in a position to make a definite volume and shipment commitment under a FAR contract.
(b) Using a rate tender may be a disadvantage when:
(1) You have sufficient time to use the FAR and this would achieve better results;
(2) You require transportation service for which no rate tender currently exists; or
(3) A TSP may revoke or terminate the tender on short notice.
[65 FR 60061, Oct. 6, 2000, as amended at 75 FR 51393, Aug. 20, 2010]