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![handle is hein.gao/gaobadevd0001 and id is 1 raw text is:
DOCUHENT RESUME
02729 - [A!872914)
(costing Error in Bi` Allows Contract to Be Reformed]. B-188510.
June 30, 1977. 3 pp,
Decision re: Terainix, Inc.: by Robert F. Keller, Deputy
Comptroller General.
Issue Area: Federal Procurement of Goods and services:
Reasonableness of Prices Under Negotiated Contracts and
Subcontracts (1904).
Contact: Office of the General counsel: Procurement Law I.
Budget Function: General Government: Other General Governaent
(806).
organization Concerned: Jaybil Industries, Inc,
Authority: 3-179956 (1974). 8-184780 (1975). 8-186797 (1976)..
B-185201 (1976). B-185200 (1976). B-185705 (1976). B-185461
(1976). 8-164865 (1958).
After receiving a contract award, the contractor
advised the contracting officer that the price bid had been
entered erroneously by a typist in the 3-year performance column
rather than the intended 1-yrir column, The 361 price
differential between bids and the fact that the avardee had
increased its bid for the contract each year should have alerted
the contracting officer to the posEibility of an ercror in price.
The contract may be reformed for 1-year performance. (DJM)](ViewImageLocal?handle=hein.gao/gaobadevd0001&div=1&collection=&method=preview&ext=.png&size=3)