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                            3.701 Purpose.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart3.03.13.23.33.43.53.63.73.83.93.103.11
Section3.7003.7013.7023.7033.7043.705
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3.701 Purpose.3.701 Purpose.       This subpart provides-                                       (a)                    						            An administrative remedy with respect to contracts in relation to which there has been-                                                         (1)                          								                A final conviction for bribery, conflict of interest, disclosure or receipt of contractor bid or proposal information or source selection information in exchange for a thing of value or to give anyone a competitive advantage in the award of a Federal agency procurement contract, or similar misconduct; or                                                            (2)                          								                An agency head determination that contractor bid or proposal information or source selection information has been disclosed or received in exchange for a thing of value, or for the purpose of obtaining or giving anyone a competitive advantage in the award of a Federal agency procurement contract; and                                                                             (b)                    						            A means to deter similar misconduct in the future by those who are involved in the award, performance, and administration of Government contracts.    **Parent topic:**  Subpart 3.7 - Voiding and Rescinding Contracts
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