Question
n the World of Government Contracts,Market Research is paramount during the pre-award stages of federal contracts. In a Sole-Source Award, Cost & Price Analysis provide
n the World of Government Contracts,Market Research is paramount during the pre-award stages of federal contracts. In a Sole-Source Award, Cost & Price Analysis provide assistance to Contracting Officers in helping them to make an award decision in the determination if a price is fair and reasonable before award. During the Solicitation stages Request for Proposal (RFP) when it is issued and proposals come back to the Contracting Officer and only one bidder responded to the RFP - and Market Research also showed their was only one responsive source, what type of information would the Contracting requirement from the bidder " and what would he or she do with it if the bidder is a large company" in order to assist the Cost/Price Analysis and the Contracting Officer make an award decision and to assist them in negotiating if the Bid is Fair and reasonable? Cite your source
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