https://www.gao.gov/products/097211

B-183754: Jun 9, 1975

The agency recommended that a sales contract be rescinded because of an alleged erroneous overbid.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...

https://www.gao.gov/products/443369

B-183754: Jun 9, 1975

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...