Common use of Awarding of contract Clause in Contracts

Awarding of contract. The Secretary shall solicit contract proposals under subsection (a) of this section from inter- ested parties. In awarding contracts under such subsection, the Secretary shall review such pro- posals and give priority to those alternatives that are the most cost effective for the Federal Government and that allow for the use of do- nated land, federally owned property, or lease- purchase arrangements. A contract under this subsection shall not be entered into unless such contract results in a net cost savings to the Fed- eral Government over the duration of the con- tract, as compared to the Government purchase price including borrowing by the Secretary of the Treasury.

Appears in 5 contracts

Samples: www.govinfo.gov, statecodesfiles.justia.com, statecodesfiles.justia.com

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