Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 28 - Department of Justice |
SubChapter C - Contracting Methods and Contract Types |
Part 2815 - Contracting by Negotiation |
Subpart 2815.8 - Price Negotiation |
§ 2815.803-70 - General.
Latest version.
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In a contractor insists on a price or demands a profit or fee that the contracting officer considers unreasonable and the contracting officer has taken all authorized actions to negotiate a reasonable price or profit or fee without success, the contracting officer shall then refer the contract action to the Office of the Procurement Executive for the OBD's, or to the appropriate official for their agency listed in 2801.601(a) or their designee in accordance with bureau procedures.