§ 215.101 Best value continuum
§ 215.101-2 Lowest price technically acceptable source selection process
§ 215.101-2-70 Limitations and prohibitions
§ 215.101-70 Best value when acquiring tents or other temporary structures

Terms Used In CFR > Title 48 > Chapter 2 > Subchapter C > Part 215 > Subpart 215.1 - Source Selection Processes and Techniques

  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.