GAO: Price Realism Not Ordinarily Permitted in Fixed-Price Procurements
Fri, August 13th 2021
A recent Government Accountability Office (“GAO”) bid protest decision provides a reminder of when an agency may conduct a price realism analysis in fixed-price contracts. So, the next time you want to challenge a competitor’s low price, remember that agencies are neither required nor permitted to conduct a price realism analysis in a fixed-price procurement...