FAR 36.204
Disclosure of the magnitude of construction projects.
Advance notices and solicitations shall state the magnitude of the requirement in terms of physical characteristics and estimated price range. In no event shall the statement of magnitude disclose the Government’s estimate. Therefore, the estimated price should be described in terms of one of the following price ranges: (a) Less than $25,000. (b) Between $25,000 and $100,000. (c) Between $100,000 and $250,000. (d) Between $250,000 and $500,000. (e) Between $500,000 and $1,000,000. (f) Between $1,000,000 and $5,000,000. (g) Between $5,000,000 and $10,000,000. (h) More than $10,000,000.
Source: acquisition.gov — FAR
More parts
Have a solicitation to win?
Paste it into the free Contrax bid scorer — get an AI win-probability score with the FAR clauses that matter, in seconds. No signup required.