Make the award to the best offer using the available funding, and make the rest of the contract "subject to the availability of funds." Attempt to negotiate the price of the lowest offer down to match the available funding. Cancel the solicitation, with the possibility of resoliciting at a later time if the need exists and funding is available. Cancel the solicitation, without the possibility of resoliciting at a later time since you can only solicit once for a requirement.

The agency received five responses to its Invitation for Bids for roof repair, but all five exceeded the amount of funding available for the requirement. What should the CO do in this case?

Answer rating: 100% (QA)

The Contracting Officer CO has several options in this scenario 1 Award to the best offer using the ... View the full answer