The Army Corps of Engineers (COE) issued a solicitation in 2016 for dredging services. The COE received three timely bids but after reviewing them, determined all three were unreasonably high priced compared to the Government estimate. The Government estimate was $14 million whereas the three bids were $18, $19, and $21 million. Because all three bids exceeded the Government estimate by more than 25 percent, the COE could not (or did not) make an award.
New Regulation Formalizes Ombudsman Practice and Identity for IDIQ Contracts
An ‘ombudsman’ is an official charged with addressing and/or investigating the interests of individuals’ or companies’