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What is the bona fide needs rule? Explain its applicability to funding federal contracts for goods and services, and discuss how the bona fide needs

What is the bona fide needs rule? Explain its applicability to funding federal contracts for goods and services, and discuss how the bona fide needs rule and independent government cost estimates can work together in helping an agency reconcile its budget. Give a real or potential example of the rule in use/practice.

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