D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 27. CONTRACTS AND PROCUREMENT |
Chapter 27-16. PROCUREMENT BY COMPETITIVE SEALED PROPOSALS |
Section 27-1641. PRICE NEGOTIATION WITH OFFERORS
Latest version.
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1641.1Among other areas of negotiations under § 1634 and discussions under §1638, the contracting officer may enter into price negotiations with the offeror with the intent of agreeing on a fair and reasonable price.
1641.2The contracting officer shall not be required to reach agreement on every element of cost, and may make reasonable compromises if necessary.
authority
Sections 204 and 1106 of the Procurement Practices Reform Act of 2010, effective April 8, 2011 (D.C. Law 18-371; D.C. Official Code §§ 2-352.04 and 2-361.06) (2011 Repl.).
source
Final Rulemaking published at 60 DCR 1136 (February 1, 2013).