Section 252.216-7008 - Economic price adjustment-wage rates or material prices controlled by a foreign government-representationAs prescribed in 216.203-4-70(c)(2), use the following provision:
Economic Price Adjustment-Wage Rates or Material Prices Controlled by a Foreign Government-Representation (MAR 2012)
(a) By submission of its offer, the offeror represents that the prices set forth in this offer- (1) Are based on the wage rate(s) or material price(s) established and controlled by the government of ________________ (Offeror insert name of host country), and(2) Do not include contingency allowances to pay for possible increases in wage rates or material prices. (End of provision)
77 FR 19131 , Mar. 30, 2012