Rate reduction for defective pricing or defective cost or pricing data.

  1. Law
  2. CFR 48
  3. Federal Acquisition Regulations System
  4. Office of Personnel Management Federal Employees Health Benefits Acquisition Regulation
  5. Contracting Methods and Contract Types
  6. Contracting by Negotiation
  7. Contract Pricing
  8. Rate reduction for defective pricing or defective cost or pricing data.

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1615.407-1 Rate reduction for defective pricing or defective cost or pricing data.

The clause set forth in section 1652.215-70 will be inserted in FEHB Program contracts, at or above the threshold in FAR 15.403-4(a)(1), that are based on a combination of cost and price analysis (community-rated).


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