Evaluation of offers subject to an economic price adjustment clause.

  1. Law
  2. CFR 48
  3. Federal Acquisition Regulations System
  4. Department of Homeland Security, Homeland Security Acquisition Regulation (HSAR)
  5. Clauses and Forms
  6. Solicitation Provisions and Contract Clauses
  7. Text of Provisions and Clauses
  8. Evaluation of offers subject to an economic price adjustment clause.

Checkout our iOS App for a better way to browser and research.

3052.216-70 Evaluation of offers subject to an economic price adjustment clause.

As prescribed in (HSAR) 48 CFR 3016.203-470, insert a provision substantially the same as the following:

Evaluation of Offers Subject to an Economic Price Adjustment Clause (JUN 2006)

Offers shall be evaluated without adding an amount for an economic price adjustment. Offers may be rejected which: (1) Increase the stipulated ceiling; (2) limit the downward adjustment; or (3) delete the economic price adjustment clause. If the offer stipulates a ceiling lower than that included in the solicitation, the lower ceiling will be incorporated into any resulting contract.

(End of provision)

[71 FR 25775, May 2, 2006]


Download our app to see the most-to-date content.