570.308 Award.
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(a) Make award to the responsible offeror whose proposal represents the best value after evaluation in accordance with the factors and subfactors in the SFO.
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(b) Make award in writing and in the timeframe specified in the SFO.
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(1) If the contracting officer cannot make an award in that time, request in writing from each offeror an extension of the acceptance period through a specific date.
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(2) If time is critical, the contracting officer may request the extensions orally. The contracting officer must make a record of the request and confirm it promptly in writing.
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(c) Notify unsuccessful offerors in writing or electronically in accordance with FAR 15.501 and 15.503(b).
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(d) The source selection authority may reject all proposals received in response to an SFO, if doing so is in the best interest of the Government.