Joe Petrillo: Prices must be tied to value

Federal Drive

Joe Petrillo: Prices must be tied to value

When it comes to evaluating the prices in bids for services, agencies have to use more than rote formulas. They've also got to consider whether a contractor is...

August 20, 2015 9:16 am

< a min read

When it comes to evaluating the prices in bids for services, agencies have to use more than rote formulas. They've also got to consider whether a contractor is taking a unique or special approach that might provide more value. That's the gist of a protest case involving the Navy and Fluor Federal Solutions. Joe Petrillo is a partner at the law firm Petrillo and Powell. He joined the Federal Drive with Tom Temin to review the lessons learned from this case.