[Code of Federal Regulations]

[Title 48, Volume 5]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR814.408-70]



[Page 178]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 8--DEPARTMENT OF VETERANS AFFAIRS

 

PART 814_SEALED BIDDING--Table of Contents

 

           Subpart 814.4_Opening of Bids and Award of Contract

 

Sec. 814.408-70  Award when only one bid is received.



    When only one bid is received in response to an invitation for bids, 

such bid may be considered and accepted if (a) the specifications used 

in the invitation were not restrictive, (b) adequate competition was 

solicited, (c) the price is reasonable, and (d) the bid is otherwise in 

accordance with the invitation for bids. Such determination will be made 

in writing, and included on or attached to the abstract of bids.



[49 FR 12599, Mar. 29, 1984. Redesignated at 63 FR 69219, Dec. 16, 1998