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FAR and DFARS › FAR Part 52: Solicitation Provisions and Contract Clauses › Subpart 52.2

FAR 52.225-17 Evaluation of Foreign Currency Offers.

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 provision explains how the Government will compare offers submitted in different currencies by converting foreign currency to U.S. currency using a rate source the Contracting Officer inserts. It matters because it tells contractors which exchange rate and date the Government will use to evaluate their offer, which can affect whether their offer is competitive.

Applies to: Contractors submitting offers in more than one currency

Key terms: foreign currency · United States currency · sealed bidding · negotiation procedures · bid opening

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

The text

As prescribed in 25.1103(c), insert the following provision:

Evaluation of Foreign Currency Offers (FEB 2000)

If the Government receives offers in more than one currency, the Government will evaluate offers by converting the foreign currency to United States currency using [Contracting Officer to insert source of rate] in effect as follows:

(a) For acquisitions conducted using sealed bidding procedures, on the date of bid opening.

(b) For acquisitions conducted using negotiation procedures—

(1) On the date specified for receipt of offers, if award is based on initial offers; otherwise

(2) On the date specified for receipt of proposal revisions.

(End of provision)

Sections it refers to

  • 25.1103 Other provisions and clauses.

Sections that refer to it

  • 14.201-6 Solicitation provisions.
  • 25.1103 Other provisions and clauses.
  • 52.215-1 Instructions to Offerors—Competitive Acquisition.

← 52.225-15-52.225-16 [Reserved] · 52.225-18 Place of Manufacture. →

Rule changes for FAR Part 52

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

FAR 52.225-17 Evaluation of Foreign Currency Offers · SpendQuery