48 C.F.R. §§ 3052.216-70

Current through September 30, 2024
Section 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)

48 C.F.R. §§3052.216-70

71 FR 25775, May 2, 2006