(a) Non-competitive sales include purchases or retention at less than cost by the contractor.
(b) Non-competitive sales may be made when-
(1) The contracting department/agency or the plant clearance officer determines that this method is essential to expeditious plant clearance;
(2) The sale is otherwise justified on the basis of circumstances listed in 245.7307-2;
(3) The Government's interests are adequately protected; and
(4) FAR Subpart 1.7 requires are met.
(c) Non-competitive sales shall be at fair and reasonable prices not less than those reasonably expected under competitive sale.
