B-176537:
Dec 21, 1972
FOR AN INCREASE IN THE PRICE OF A CONTRACT BECAUSE OF AN ALLEGED MISTAKE IN THE BID UPON WHICH THE CONTRACT IS BASED. IS A BONA FIDE ERROR WHICH IS NOW RECOGNIZED BY THE CONTRACTING AGENCY AS WELL AS BY THE U.S. THE CONTRACTING OFFICER SHOULD HAVE BEEN ON NOTICE OF ERROR IN THE SUBMITTED BID PRICE AND THUS SHOULD HAVE VERIFIED THE BID. SINCE BALL'S BID WAS MORE THAN 50 PERCENT BELOW THE GOVERNMENT...
