News You Can Use
June 29th, 2019: YUGE (i.e., BIG-TIME) FAR PART 15 RULE CHANGE!
Effective July 12, 2019: The Final Rule was released removing the “reasonable expectation” test from the adequate price competition definition for the DoD, NASA and Coast Guard competitive acquisitions. Now at least 2 responsive offers must be received and the contractor must determine best value as indicated below in the excerpt from the updated regulation. HOWEVER, while this rule represents a change to the FAR, a similar rule has existed in the Defense Federal Acquisition Regulation Supplement at 215.371-3 for a number of years.
(1) Adequate price competition. (i) A price is based on adequate price competition when—
(A) Two or more responsible offerors, competing independently, submit priced offers that satisfy the Government’s expressed requirement;
(B) Award will be made to the offeror whose proposal represents the best value (see 2.101) where price is a substantial factor in source selection; AND
(C) There is no finding that the price of the otherwise successful offeror is unreasonable. Any finding that the price is unreasonable must be supported by a statement of the facts and approved at a level above the contracting officer.