FAR 14.408-2 Responsible bidder-reasonableness of price
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 14.408-2
- Type
- Subsection
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.
Text
(a) The contracting officer shall determine that a prospective contractor is responsible (see subpart 9.1) and that the prices offered are reasonable before awarding the contract. The price analysis techniques in 15.404-1(b) may be used as guidelines. In each case the determination shall be made in the light of all prevailing circumstances. Particular care must be taken in cases where only a single bid is received.
(b) The price analysis shall consider whether bids are materially unbalanced (see 15.404-1(g)).
Sections cited
- FAR Subpart 9.1 Responsible Prospective Contractors
- FAR 15.404-1(b) Proposal analysis techniques
Quick answers
What is FAR 14.408-2?
FAR 14.408-2 is a subsection of the Federal Acquisition Regulation, titled "Responsible bidder-reasonableness of price".
Are changes to FAR 14.408-2 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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