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Request for Contract Price Adjustment

B-185201: Jan 2, 1976

The agency questioned whether a modification could be made in a contract price in response to an error allegedly made in the bid even though the bidder had twice confirmed that it understood the terms of the contract and could perform at the award price. Because there was a wide disparity between bids and the price for the prior year's contract and the low bid for the current contract requiring su...

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B-185201, JAN 2, 1976

B-185201: Jan 2, 1976

WHERE THERE WAS WIDE DISPARITY BETWEEN BIDS AND PRICE FOR PRIOR YEAR'S WINDOW WASHING CONTRACT AND LOW BID FOR CURRENT CONTRACT REQUIRING SUBSTANTIALLY MORE WORK. CONTRACTING OFFICER WAS ON NOTICE OF ERROR IN BID FOR WHICH CONTRACTOR IS ENTITLED TO RELIEF SINCE NO VALID AND BINDING CONTRACT IS CONSUMMATED WHERE CONTRACTING OFFICER KNEW OR SHOULD HAVE KNOWN OF ERROR AND NEGLECTED TO VERIFY BID. 2....

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