B-175731:
Oct 26, 1972
WHERE IT IS INDICATED THAT THE PRICE AT WHICH THE INCUMBENT CONTRACTOR IS PERFORMING MIGHT NOT BE REASONABLE. IT WOULD APPEAR THAT THE EXERCISE OF THE OPTION WAS PRECLUDED. THAT AWARD WAS REQUIRED TO BE MADE TO THE LOW RESPONSIBLE BIDDER UNDER THE IFB. INC.: REFERENCE IS MADE TO YOUR TELEGRAMS OF APRIL 18 AND 21. THE RECORD INDICATES THAT THE LOW BIDDER WAS DETERMINED NONRESPONSIBLE UPON THE COMPL...