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YOU MAY NOT INCREASE YOUR PRICE IN A BID EXTENSION

Public Contracting Institute

FAR 52.214-16, Minimum Bid acceptance Period: the contracting officer inserts a time period in that clause, similar to Form 33 above; or A time period set forth somewhere else in the text of the solicitation. The purpose of the extension is to freeze prices while the agency makes its selection, or takes other action.

Price 52
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Bid Protest Minute: GAO’s Task Order Jurisdiction

GovCon & Trade

The protestor’s proposed price was $30,478,050, and its total evaluated price was $30,566,297. The intervenor’s proposed price was $24,848,774, and its total evaluated price was $25,116,561. In response, the Navy insisted that the intervenor’s proposed price of $24.8 4106(f)(1) and 10 U.S.C.

Bidding 147
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Agency Could Not Accept Price Above Awardee’s FSS Price, GAO Says

SmallGovCon

If you feel like prices for just about everything are going up, you’re not alone. In federal government contracting, however, a contractor may not have the same leeway to raise its prices. then filed a bid protest with the GAO, challenging various aspects of CMS’s evaluation. B-421917.2,

Price 73
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Graduated pricing mechanism guidance: CPN 3/2024

Scottish Government Procurement

We have published a Construction Policy Note (CPN) to provide notification of new guidance which details an alternative method of determining the price score in tender assessments – the Graduated Pricing Mechanism (GPM). The principle is that the lowest price is awarded the highest score (i.e. What is the GPM?

Price 62
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Bid Protest Minute: The High Bar to Proving Contract Officer Bias

GovCon & Trade

The GAO decision provides an in-depth look at the high evidentiary bar associated with proving governmental bias in bid protests and the need to have definitive evidence before making such a claim. Specifically, in limited circumstances, the Court of Federal Claims allows for discovery to supplement the record in a bid protest.

Bidding 147
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The Problem with Bid Prices in Numbers and Words

Mike Purdy's Public Contracting

Tennessee construction attorney Matthew DeVries has described the outcome of an Alabama court case in which a bidder left out the word "thousand" in a bid price and was held to the significantly lower bid amount by the public agency. Click here to read Mr. DeVries brief blog post on this court case.

Bidding 100
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Highway Contractor, Exec Charged With $100M Price-Fixing

Government Contracts

Federal prosecutors on Thursday announced the indictment of an Oklahoma highway runoff contracting business and two of its employees for their involvement in a price-fixing, bid-rigging and market allocation conspiracy that impacted over $100 million in publicly funded construction contracts in the state.