Use of standing price quotations.

  1. Law
  2. CFR 48
  3. Federal Acquisition Regulations System
  4. Federal Acquisition Regulation
  5. Contracting Methods and Contract Types
  6. Simplified Acquisition Procedures
  7. Procedures
  8. Use of standing price quotations.

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13.103 Use of standing price quotations.

Authorized individuals do not have to obtain individual quotations for each purchase. Standing price quotations may be used if -

(a) The pricing information is current; and

(b) The Government obtains the benefit of maximum discounts before award.


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