Whether a government contractor's conservative bidding and reasonable overstatement of cost estimates in a competitive procurement program constitutes fraud

QUESTIONS PRESENTED 1. In competitive government procurement programs, does a government contractor “defraud” the Government by practicing conservatism in the ; bidding process and reasonably overstating estimates for proposed cost items? 2. Does any alleged misrepresentation in obtaining a government procurement contract through set-aside program transform a contract into a “government benefit” akin to a grant or an entitlement program . payment, for the purpose of loss and restitution calculation, as opposed to a classic procurement fraud, which should be treated under the general rule for loss calculation?