How do I handle receiving only one bid. Pricing is less than $20,000.00 for this item.
You may award to that one offeror provided the price is fair and reasonable. As the requirement is below the simplified acquisition threshold you do not have to follow DFARS 215.371-2. Also, it sounds as if you did a small business set-aside within CHESS. See DFARS 215.371-4, as set-asides are another one of the exceptions to DFARS 215.371-2. Otherwise, follow the procedures found in DFARS 215.371.
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