Identical Bids Law and Legal Definition
According to 48 CFR 3.302 (Title 48 - Federal Acquisition Regulations System; Chapter 1 - Federal Acquisition Regulation; Subchapter A – General; Part 3 - Improper Business Practices And Personal Conflicts Of Interest; Subpart 3.3 - Reports Of Suspected Antitrust Violations), Identical bids means “bids for the same line item that are determined to be identical as to unit price or total line item amount, with or without the application of evaluation factors (e.g., discount or transportation cost).”