Why contracting officers must publicize contract actions

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Reference no: EM131635611

It’s important to promote full and open competition to ensure that not only is the government getting the best product for the best price, but also improves standards and quality of proposals from each of the competing contractors. It’s been determined that when contract acquisition is open to a variety of bidders, the government will often decrease their costs as a result of the competing bids. Full and open competition is defined as allowing all responsible sources to submit proposals, is the required method for federal agencies to award contracts, unless an exception applies. Explain why contracting officers must publicize contract actions?

Reference no: EM131635611

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