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For contracts procured on the basis of an Inivitation for bid, bids shall be solicited from Section 3 and non-Section 3 business concerns. The award can be made to the Section 3 business that does not submit the lowest bid, but only if the Section 3 business’ bid is no higher than the lowest bid plus the factor shown in the second column of the chart below.

When the lowest responsive bid is:
SECTION 3 factor for award for to other than lowest bidder:
( the lesser of the two )
< $100,000
10% or $9,000
> $100,000 but < $200,000
9% or $18,000
> $200,000 but < $300,000
8% or $21,000
> $300,000 but < $400,000
7% or $24,000
> $400,000 but < $500,000
6% or $25,000
> $500,000 but < $1,000,000
5% or $40,000
> $1,000,000 but < $2,000,000
4% or $60,000
> $2,000,000 but < $4,000,000
3% or $80,000
> $4,000,000 but < $7,000,000
2% or $105,000
> $7,000,000
1.5%

Last modified: 12/22/2014 7:43:08 PM