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

Regulations last checked for updates: Nov 22, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024

View all text of Subpart 3052.2 [3052.203-70 - § 3052.249-90]

3052.216-70 - 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]

authority: 5 U.S.C. 301-302,41.S.C. 1707, 41 U.S.C. 1702,41.S.C. 1303(a)(2), 48 CFR part 1, subpart 1.3, and DHS Delegation Number 0702

source: 68 FR 67871, Dec. 4, 2003, unless otherwise noted.

cite as: 48 CFR 3052.216-70