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GAO: Awardee’s Low Price Isn’t Too Low, Absent a Price Realism Evaluation

In a fixed-price procurement, an agency cannot reject an offeror for proposing a “too low” price unless the solicitation specifically contemplates a price realism evaluation.

Source: GAO: Awardee’s Low Price Isn’t Too Low, Absent a Price Realism Evaluation – SmallGovCon

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