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" Defense to procure supplies and services from responsible sources at fair and reasonable prices calculated to result in the lowest ultimate overall cost to the Government. "
Medicare Administrative Costs: Hearings Before the Subcommittee on Oversight ... - Page 216
by United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight - 1976 - 239 pages
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Armed Services Procurement Regulation Manual for Contract Pricing

United States. Office of the Assistant Secretary of Defense (Installations and Logistics) - 1975 - 646 pages
...contractor as the source of cost or pricing data. The objective of procurement is to procure needed supplies and services from responsible sources at fair and...prices calculated to result in the lowest ultimate overall cost to the Government. All procurements will be made competitively, if practicable, and by...
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Government Contract Law Cases

James O. Mahoy - 1975 - 912 pages
...advertising for bids is not used, competitive standards are not relaxed. The policy is "to procure supplies and services from responsible sources at fair and...prices calculated to result in the lowest ultimate over- all cost to the Government." "The fact that a procurement is to be negotiated does not relax...
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Medicare Administrative Costs: Hearings Before the Subcommittee on Oversight ...

United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight - 1976 - 256 pages
...regard for the requirements of prior approval. B. It is the policy of the Government to procure properly and services from responsible sources at fair and...shall be utilized to the maximum practical extent. 12 C. Where competition is not available or does not yield reasonable subcontract prices, the Intermediary...
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The Code of Federal Regulations of the United States of America

1962 - 596 pages
...contracts and to revised prices as well as initial prices. ยง 1-3.801 Basic policy. (a) General. It is the policy of the Government to procure property...prices calculated to result in the lowest ultimate overall cost to the Government. Sound pricing depends primarily upon the exercise of sound judgment...
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Economics of Defense Procurement: Shipbuilding Claims : Hearings Before the ...

United States. Congress. Joint Economic Committee. Subcommittee on Priorities and Economy in Government - 1977 - 1102 pages
...of a Contracting Officer: 3-S01.1 It is the policy of the Department of Defense to procure supplies and services from responsible sources at fair and...prices calculated to result in the lowest ultimate overall cost to the Government. Good pricinc depends primarily upon the exercise of sound judgment...
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Pricing of Noncompetitive Contracts Subject to the Truth-in-negotiations Act ...

United States. General Accounting Office - 1977 - 28 pages
...significantly affect costs under the proposed contract. It is the policy of DOD to procure supplies and services from responsible sources at fair and...reasonable prices calculated to result in the lowest overall costs to the Government. Each contracting officer is responsible for performing or having performed...
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Life Cycle Costing Workbook: A Guide for the Implementation of Cycle Costing ...

United States. Federal Supply Service - 1977 - 238 pages
...Code, Section 253 (b) , it is the policy of the General Services Administration to procure supplies and services from responsible sources at fair and...reasonable prices calculated to result in the lowest overall cost to the Government. In furtherance of this policy, award of a contract based on this solicitation...
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GSA Contract Fraud Investigation: Hearings Before the Subcommittee on ...

United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Federal Spending Practices and Open Government - 1979 - 1088 pages
...feasible and practicable. When negotiating prices without formal advertising, FPR 1-3.801-1 states: "Jt is the policy of the Government to procure property...prices calculated to result in the lowest ultimate overall cost to the Government." However, the FPR provisions do not apply to leases of real property...
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Department of Transportation and Related Agencies Appropriations for Fiscal ...

United States. Congress. Senate. Committee on Appropriations. Subcommittee on Transportation and Related Agencies - 1980 - 1022 pages
...thousand (600, 000) miles. * * * * General LCC Policy. It is the policy of the * to procure supplies and services from responsible sources at fair and...reasonable prices calculated to result in the lowest overall cost to the * . In furtherance of this policy, award of a contract on the basis of this solicitation...
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Hearing on H.R. 33, to Transfer Management of the National Defense Stockpile ...

United States. Congress. House. Committee on Armed Services. Subcommittee on Seapower and Strategic and Critical Materials - 1984 - 906 pages
...officer initiates the proposal evaluation process. The basic policy of the DOD is to procure supplies and services from responsible sources at fair and...reasonable prices calculated to result in the lowest overall cost to the government. To achieve this objective, the contracting officer must adhere to our...
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