New Board of Public Works Advisory (2016-1)

The Maryland Board of Public Works issued a new advisory on September 7, 2016, providing guidance to state agencies on how to ensure fair and reasonable pricing in sole source procurements and procurements with only one bidder or offeror. BPW instructs agencies to use either price analysis or cost analysis during the procurement process when competition will not provide an assurance of fair and reasonable prices.

Please click on the following link to read the entire opinion

http://www.livingstonprocurement.com/p777.html

Nicole Krug