April 24, 2015
Is your contract price realistic? Prove it
A competitive price is good. But if a company bids a price far below the agency’s estimate, the pitch better include a convincing explanation for how it’s possible.
Protesting contractor: Alcazar Trades Inc.
Contracting agency: General Services Administration
Protest issue: Whether GSA performed a reasonable price realism analysis on ATI’s proposal
Decision: Protest sustained by GAO April 1, 2015
Post-mortem: The contract in question was for custodial services at the Denver Federal Center,…