§ 252.216-7008 - Economic price adjustment - wage rates or material prices controlled by a foreign government - representation.

252.216-7008 Economic price adjustment - wage rates or material prices controlled by a foreign government - representation.

As 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]