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Code of Federal Regulations (Last Updated: April 5, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 30 - Department of Homeland Security, Homeland Security Acquisition Regulation (HSAR) |
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SubChapter H - Clauses and Forms |
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Part 3052 - Solicitation Provisions and Contract Clauses |
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Subpart 3052.2 - Text of Provisions and Clauses |
§ 3052.216-70 - Evaluation of offers subject to an economic price adjustment clause.
Latest version.
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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)
[71 FR 25775, May 2, 2006]