Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 4 - Department of Agriculture |
SubChapter F - Special Categories of Contracting |
Part 436 - Construction and Architect-Engineer Contracts |
Subpart 436.2 - Special Aspects of Contracting for Construction |
§ 436.203 - Government estimate of construction costs.
Latest version.
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436.203 Government estimate of construction costs.
For acquisitions using sealed bid procedures, the contracting officer may disclose the overall amount of the Government's estimate of construction costs following identification of the responsive bid most advantageous to the Government; verification of that bid's price reasonableness; and verification of the bidder's responsibility. For acquisitions using other than sealed bid procedures (e.g., negotiation), the contracting officer may disclose the overall amount of the estimate after contract award.