Regulations last checked for updates: May 18, 2024

Title 48 - Federal Acquisition Regulations System last revised: May 14, 2024
815.370-1 - 815.370-1 Policy.

It is VA policy, if only one offer is received in response to a competitive solicitation, to—

(a) Take action to promote competition (see 815.370-2); and

(b) Ensure that the price is fair and reasonable (see 815.370-3) and comply with the statutory requirement for certified cost or pricing data (see FAR 15.403-4).

[84 FR 46452, Sept. 4, 2019]
authority: 38 U.S.C. 8127 and 8128; 40 U.S.C. 121(c); 41 U.S.C. 1121(c)(3); 41 U.S.C. 1702; and 48 CFR 1.301 through 1.304
source: 73 FR 2717, Jan. 15, 2008, unless otherwise noted.
cite as: 48 CFR 815.370-1