Final answer:
FAR 14.304(g) outlines that bids, proposals, or modifications received after the specified time are typically considered late and are usually not eligible for award consideration. However, exceptions exist if the late arrival was due to government mishandling. Timely submission is critical to ensure that bids are considered.
Step-by-step explanation:
The Federal Acquisition Regulation (FAR) 14.304(g) deals with the disposition of late bids, proposals, or modifications. According to this regulation, any bid, proposal, or modification that is received at the Government office designated in the invitation for bids after the exact time specified for receipt of offers is considered late. The FAR further states that if certain conditions are met, such as if the late arrival was due solely to mishandling by the Government after receipt at the Government installation, the bid may be considered; otherwise, it generally cannot be considered for award.
A bid is regarded as late regardless of whether it was sent by mail or electronically if it arrives after the deadline, with few exceptions such as mishandling by the Government, as previously mentioned. It is crucial for contractors to understand the importance of submitting bids and modifications on time to avoid their offers being rejected as late submissions.