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48 CFR · Federal Acquisition Regulation and Defense supplement

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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.

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27 sections with “Economy Act”

  • FAR 17.502-2 The Economy Act.
    (a) The Economy Act (31 U.S.C. 1535) authorizes agencies to enter into agreements to obtain supplies or services from another agency. The FAR applies when one agency uses another agency's contract to obtain supplies or services. If the inte…
  • FAR 2.101 Definitions.
    …r authority granted GSA by former section 40 U.S.C. 759, repealed by Pub. L. 104-106. The Economy Act does not apply to orders under a Governmentwide acquisition contract. Governmentwide point of entry (GPE) means the single point where Go…
  • FAR 17.503 Ordering procedures.
    …t agency, the requesting agency shall follow the procedures in 17.502-1 and, if under the Economy Act, also 17.502-2. (b) The order may be placed on any form or document that is acceptable to both agencies. The order should include— (1) A…
  • FAR 35.017 Federally Funded Research and Development Centers.
    …sector. However, an FFRDC may perform work for other than the sponsoring agency under the Economy Act, or other applicable legislation, when the work is not otherwise available from the private sector. (3) FFRDC's are operated, managed, an…
  • FAR 41.206 Interagency agreements.
    …er Government agencies and shall comply with the policies and procedures at 17.502-2, The Economy Act.
  • FAR 42.002 Interagency agreements.
    … agency shall reimburse the servicing agency for rendered services in accordance with the Economy Act (31 U.S.C. 1535). (c) When an interagency agreement is established, the agencies are encouraged to consider establishing procedures for t…
  • DFARS 217.503 Ordering procedures.
    …ings shall be obtained from the requesting agency and placed in the contract file for the Economy Act order.
  • FAR 8.1102 Presolicitation requirements.
    …, and equipment (if any) necessary to fulfill operational needs, and meet prescribed fuel economy standards; (2) The head of the requiring agency, or a designee, has certified that the requested passenger automobiles (sedans and station wa…
  • FAR 15.404-1 Proposal analysis techniques.
    …the proposed costs represent what the cost of the contract should be, assuming reasonable economy and efficiency. (2) The Government may use various cost analysis techniques and procedures to ensure a fair and reasonable price, given the c…
  • FAR 15.407-4 Should-cost review.
    …cal costs reflect efficient and economical operation. Instead, these reviews evaluate the economy and efficiency of the contractor's existing work force, methods, materials, equipment, real property, operating systems, and management. These…
  • FAR 22.503 Policy.
    … agencies to use project labor agreements in large-scale construction projects to promote economy and efficiency in the administration and completion of Federal construction projects. (b) When awarding a contract in connection with a large…
  • FAR 4.602 General.
    … (2) A means of measuring and assessing the effect of Federal contracting on the Nation's economy and the extent to which small, veteran-owned small, service-disabled veteran-owned small, HUBZone small, small disadvantaged, women-owned smal…
  • FAR 8.405-6 Limiting sources.
    …use the supplies or services are unique or highly specialized; or (C) In the interest of economy and efficiency, the new work is a logical follow-on to an original Federal Supply Schedule order provided that the original order was placed i…
  • FAR 9.103 Policy.
    … The award of a contract to a supplier based on lowest evaluated price alone can be false economy if there is subsequent default, late deliveries, or other unsatisfactory performance resulting in additional contractual or administrative cos…
  • FAR 13.002 Purpose.
    …concerns to obtain a fair proportion of Government contracts; (c) Promote efficiency and economy in contracting; and (d) Avoid unnecessary burdens for agencies and contractors.
  • FAR 13.500 General.
    …ted, offered, evaluated, and awarded in a simplified manner that maximizes efficiency and economy and minimizes burden and administrative costs for both the Government and industry (10 U.S.C. 3205-3208 and chapter 241 and 41 U.S.C. 3305, 33…
  • FAR 16.505 Ordering.
    …ghly specialized. (C) The order must be issued on a sole-source basis in the interest of economy and efficiency because it is a logical follow-on to an order already issued under the contract, provided that all awardees were given a fair o…
  • FAR 17.105-1 Uses.
    …best interests of the United States by encouraging full and open competition or promoting economy in administration, performance, and operation of the agency's programs. (b) For DoD, NASA, and the Coast Guard, the head of the agency may en…
  • FAR 19.001 Definitions.
    …United States or its outlying areas and that makes a significant contribution to the U.S. economy through payment of taxes and/or use of American products, material and/or labor, etc. “Concern” includes but is not limited to an individual, …
  • FAR 22.504 General requirements for project labor agreements.
    …greement on the project would not advance the Federal Government's interests in achieving economy and efficiency in Federal procurement. The exception shall be based on one or more of the following factors: (A) The project is of short dura…
  • FAR 31.205-21 Labor relations costs.
    …, and other related activities, are allowable. (b) As required by Executive Order 13494, Economy in Government Contracting, costs of any activities undertaken to persuade employees, of any entity, to exercise or not to exercise, or concern…
  • FAR 37.203 Policy.
    …ay be used at all organizational levels to help managers achieve maximum effectiveness or economy in their operations. (b) Subject to 37.205, agencies may contract for advisory and assistance services, when essential to the agency's missio…
  • FAR 41.201 Policy.
    …services from sources of supply which are most advantageous to the Government in terms of economy, efficiency, reliability, or service. (b) Except for acquisitions at or below the simplified acquisition threshold, agencies shall acquire ut…
  • FAR 42.702 Purpose.
    …ity of approach with a contractor when more than one contract or agency is involved; (2) Economy of administration; and (3) Timely settlement under cost-reimbursement contracts. (b) Establishing billing rates provides a method for interi…
  • FAR 46.407 Nonconforming supplies or services.
    … services are otherwise incomplete. However, there may be circumstances (e.g., reasons of economy or urgency) when the contracting officer determines acceptance or conditional acceptance of supplies or services is in the best interest of th…
  • DFARS 252.227-7041 Additional postaward requirements for Small Business Technology Transfer Program.
    …erates primarily within the United States or makes a significant contribution to the U.S. economy through payment of taxes or use of American products, materials, or labor; and (3) Is either— (i) A nonprofit institution that is owned and …
  • DFARS 252.236-7003 Payment for mobilization and preparatory work.
    …ficient prosecution of the contract; and (ii) Preparatory work has been done with proper economy and efficiency. (2) Payments for construction plant, equipment, material, and structures and facilities prepared or erected for prosecution o…

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.