44 C.F.R. 13.36 requires that all procurement transactions be conducted in a manner that provides full and open competition; that awards be made to a responsible bidder with the ability to perform under the contract; and that an applicant perform a cost or price analysis where competition is lacking.

PA Guide; at 2; 40-41.RP9525.7; at 2.FP-205-081-2; at 4-7.OMB Circular A-87.Village of Waterford; FEMA-4020-DR-NY; at 4.Headnotes44 C.F.R. § 13.36 requires that all procurement transactions be conducted in a manner that provides full and open competition; that awards be made to a responsible bidder with the ability to perform under the contract; and that an applicant perform a cost or price analysis where competition is lacking.