Bid Acceptance Period Extension And Revival

Vandeventer Black – When publishing a solicitation, the Government Contracting Officer (“CO”) may set a minimum acceptance period, during which offerors must agree to hold open their bid pricing following the submission of their proposals.  Federal Acquisition Regulations (“FAR”) 14.201-6(i), 14.201-6(j), 52.214-15, and 52.214-16 provide the mechanisms by which the CO may do so.  A solicitation’s minimum acceptance period is a material requirement and bids that specify a shorter period will be rejected.