Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 29 - Department of Labor |
SubChapter C - Contracting Methods and Contract Types |
Part 2914 - Sealed Bidding |
Subpart 2914.4 - Opening of Bids and Award of Contract |
§ 2914.408-1 - General.
Latest version.
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2914.408-1 General.
(a) When only one bid is received in response to an invitation for bids, such bid may be considered and accepted if the contracting officer makes a written determination that:
(1) The specifications used in the invitation were not unduly restrictive;
(2) Adequate competition was solicited and it could have been reasonably assumed that more than one bid would have been submitted;
(3) The price is reasonable; and
(4) The bid is otherwise in accordance with the invitation for bids.
(b) Such a determination must be placed in the contract file.