Price Competitive Sale.
Price Competitive Sale. A price competitive sale of SPR petroleum is one in which contract awards are made to those responsive, responsible persons offering the highest prices; sales conducted pursuant to rules adopted under section 161(e) of the Energy Policy and Conservation Act (EPCA), Public Law 94163 (42 U.S.C. 6201 et seq.), are not price competitive sales.
A price competitive sale of SPR petroleum is one in which contract awards are made to those responsive, responsible persons offering the highest prices; sales conducted pursuant to rules adopted under section 161(e) of the Energy Policy and Conservation Act (EPCA),Public Law 94163(42 U.S.C. 6201et seq.), are not price competitive sales.
), are not price competitive sales.