4741. REASONABLE PRICES

4741 REASONABLE PRICES 4741.1 A contracting officer may request factual information reasonably available to the contractor or prospective contractor to substantiate that the price or cost offered, or some portion of it, is reasonable. 4741.2 In determining the reasonableness of prices, the Contracting Officer shall utilize the process developed by the Chief Procurement Officer of the District. SOURCE: Notice of Emergency and Proposed Rulemaking published at 58 DC 8805 (October 14, 2011)[EXPIRED]; as amended by Notice of Final Rulemaking published at 59 DCR 985, 1019 (February 10, 2012).