StacksVerified U.S. regulatory reference

48 CFR §815.370-1

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
It is VA policy, if only one offer is received in response to a competitive solicitation, to—
  1. (a)Take action to promote competition (see 815.370-2); and
  2. (b)Ensure that the price is fair and reasonable (see 815.370-3) and comply with the statutory requirement for certified cost or pricing data (see FAR 15.403-4).