DOD Finalizes Policy For One-Bid Procurements

Law360, New York (June 29, 2012, 7:53 PM ET) -- The U.S. Department of Defense finalized a rule Friday aimed at ensuring that the military pays a competitive price when only one contractor bids on a procurement, clarifying and revising its proposal to address contractor comments.

The DOD initially proposed the rule in July 2011, and the basic outline of the rule is unchanged. If only one bid is received on a solicitation that ran for less than 30 days, contracting officers must reopen the solicitation for at least 30 more days, according to the rule....
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