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Notice of Award

Official notification to a contractor that they have been selected for contract award.

Definition

Notice of Award Official notification to a contractor that they have been selected for contract award.

FAR 15.503

Definition

A Notice of Award is the official communication from a contracting officer informing a contractor that they have been selected for contract award. The notice typically identifies the contract, specifies the award amount, establishes the contract effective date, and may include instructions for contract execution. Receipt of a Notice of Award creates a binding contract if the solicitation authorized award without discussions and all required representations and certifications are in order. For negotiated procurements, the Notice of Award often accompanies or precedes the formal contract document. Unsuccessful offerors are notified separately and may request a debriefing to understand why their proposal was not selected.

Also Known As

  • Award Notice
  • Contract Award Notification

Examples

Common Mistakes to Avoid

  • ✕Assuming verbal notification creates a contract before written notice
  • ✕Beginning work before receiving official written notification
  • ✕Not reviewing notice carefully for any conditions or requirements

Who Should Know This Term

Contractors, proposal managers, contracts administrators, business development teams

Official Source

FAR 15.503

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