SUCCESSIVE BIDS RANGING FROM $0.0439 PER POUND TO $0.0126361 PER POUND AS WELL AS OBVIOUS INCONSISTENCY BETWEEN SUCCESSFUL BIDDER'S UNIT PRICE AND $24.04 TOTAL PRICE SHOULD HAVE PLACED CONTRACTING OFFICER ON CONSTRUCTIVE NOTICE OF POSSIBLE MISTAKE IN BID PRIOR TO AWARD AND THEREFORE CONTRACT MAY BE CANCELED. THE CURRENT MARKET APPRAISAL WAS $0.04 PER POUND. WHERE THERE ARE SUBSTANTIAL DISPARITIES...

The agency recommended that a sales contract be rescinded because of an alleged erroneous overbid. The contracting officer was on constructive notice of possible error since there was a wide disparity in the successful bid price, the market appraisal, and successive bids, and inconsistency between the successful bidder's unit price and total price. The contract may, therefore, be canceled...