SpendQueryBeta

FAR and DFARS › DFARS Part 252: Solicitation Provisions and Contract Clauses › Subpart 252.2

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

The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

In plain English

This DFARS provision requires an offeror to represent that its offered prices are based on wage rates or material prices set and controlled by a foreign government, and that those prices do not include any contingency allowances for possible increases in those rates or prices. It matters because it affects how a contractor prices its offer and what it is certifying to the government.

Applies to: Offerors submitting offers under solicitations that include this provision

What it requires

  • By submitting an offer, represent that the prices are based on wage rates or material prices established and controlled by the named foreign government
  • Represent that the prices do not include contingency allowances for possible increases in those wage rates or material prices
  • Insert the name of the host country where indicated

Key terms: Economic Price Adjustment · wage rate(s) · material price(s) · foreign government · contingency allowances

Written by AI from this section's text. A guide, not legal advice: the text below rules.

The text

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)

Sections it refers to

Sections that refer to it

  • 204.1202 Solicitation provision and contract clause.
  • 216.203-4-70 Additional provisions and clauses.
  • 252.204-7007 Alternate A, Annual Representations and Certifications.

← 252.216-7007 Economic price adjustment—basic steel, aluminum, brass, bronze, or copper mill products-representation. · 252.216-7009 Allowability of Legal Costs Incurred in Connection with a Whistleblower Proceeding. →

Rule changes for DFARS Part 252

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.

DFARS 252.216-7008 Economic price adjustment—wage rates or material prices controlled by a foreign government—representation · SpendQuery