1. Regulations
  2. title 48
  3. chapter 12
  4. part 1252
  5. subpart 1252.2
  6. § 1252.216-70

View all text of Subpart 1252.2 [1252.201-70 - 1252.242-74]

1252.216-70 - 1252.216-70 Evaluation of Offers Subject to an Economic Price Adjustment Clause.

As prescribed in 1216.203-470, insert the following provision:

Evaluation of Offers Subject to an Economic Price Adjustment Clause (NOV 2022)

Offers shall be evaluated without an amount for an economic price adjustment being added. Offers will be rejected that—(1) increase the ceiling stipulated; (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)

AUTHORITY: 5 U.S.C. 301; 41 U.S.C. 1121(c)(3); 41 U.S.C. 1702; and 48 CFR 1.301 through 1.304.

SOURCE: 87 FR 61159, Oct. 7, 2022, unless otherwise noted.

CITE AS: 48 CFR 1252.216-70