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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 8 - Department of Veterans Affairs |
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SubChapter C - Contracting Methods and Contract Types |
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Part 814 - Sealed Bidding |
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Subpart 814.4 - Opening of Bids and Award of Contract |
§ 814.408-70 - Award when only one bid is received.
Latest version.
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814.408-70 Award when only one bid is received.
(a) When VA receives only one bid in response to an invitation for bids, the contracting officer may consider and accept the bid if all of the following apply:
(1) The specifications used in the invitation were not restrictive.
(2) VA solicited adequate competition.
(3) The price is reasonable.
(4) The bid is otherwise in accordance with the invitation for bids.
(b) The contracting officer must make the determination in writing, and include it the contract file.