Common use of Fair Opportunity Clause in Contracts

Fair Opportunity. In accordance with FAR 16.505(b)(1), the KO must provide each contract awardee a fair opportunity to be considered for each TO exceeding $3,500.00, except as provided at FAR 16.505(b)(2). Pursuant to FAR 16.505(b)(1)(iii), each order exceeding the simplified acquisition threshold shall be placed on a competitive basis unless supported by a written determination that one of the circumstances described at 16.505(b)(2)(i) applies to the order and the requirement is waived on the basis of a justification that is prepared in accordance with 16.505(b)(2)(ii)(B).

Appears in 2 contracts

Sources: Contract, Contract