48 CFR 3.501-1 – Definition
Current as of: 2024 | Check for updates
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Buying-in as used in this section, means submitting an offer below anticipated costs, expecting to—
(1) Increase the contract amount after award (e.g., through unnecessary or excessively priced change orders); or
(2) Receive follow-on contracts at artificially high prices to recover losses incurred on the buy-in contract.