Inactive Total Small Business Set-Aside (FAR 19.5)

Reverse Auction Pricing Tool (RAPT). The Reverse Auction system allows Government contractors to bid against each other in real-time on-line auctions which results in lower prices for the Government. ... Reverse Auction Pricing Tool (RAPT). The Reverse Auction system allows Government contractors to bid against each other in real-time on-line auctions which results in lower prices for the Government. The Reverse Auction Tool is used as a pricing tool by contracting personnel after a proposal has been submitted to establish the final offered price from contractors.