Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 29 - Department of Labor |
SubChapter C - Contracting Methods and Contract Types |
Part 3514 - SEALED BIDDING |
Subpart 3514.4 - Opening of Bids and Award of Contract |
§ 3514.407-1 - General.
Latest version.
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(a) The contracting officer shall make a contract award to that responsible bidder whose bid, conforming to the invitation, will be most advantageous to the Government, considering only the price and price-related factors contained in FAR 14.201-8. Particular attention shall be paid in supply contracts to evaluation of transportation costs to ensure that the award is made to the lowest overall responsive and responsible bidder.