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GSAM

GSAM

Change Number: Change 193 GSAM Case 2023-G501
Effective Date: 12/06/2024

514.270-1 Definition.

514.270-1 Definition.

“Aggregate award” means an arrangement whereby two or more separately priced line items are combined for award to that bidder whose bid will result in the lowest overall cost to the Government for the line items as a group. The individual price for each item does not have to be the lowest bid received. (See also the definition of a “line item” in FAR 2.101 .)