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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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63 sections with “evaluated price”: the first 40

  • FAR 15.101-2 Lowest price technically acceptable source selection process.
    … expected to result from selection of the technically acceptable proposal with the lowest evaluated price. (b) When using the lowest price technically acceptable process, the following apply: (1) The evaluation factors and significant sub…
  • FAR 25.503 Group offers.
    …ining a tentative award pattern by selecting for each line item the offer with the lowest evaluated price. (2) Evaluate an offer that specifies an award restriction against the offered prices of the tentative award pattern, applying the ap…
  • FAR 25.504-1 Buy American statute.
    …m the steps in 25.502(a). Offer C is of 50 percent domestic content, therefore Offer C is evaluated as a foreign end product, because it is the product of a small business but is not a domestic end product (see 25.502(c)(4)). Since Offer B …
  • FAR 25.504-4 Group award basis.
    …Evaluate Offers A & B before considering Offer C and determine which offer has the lowest evaluated cost for each line item (the tentative award pattern): Item 1: Low offer A is domestic; select A. Item 2: Low offer B is eligible; do not …
  • FAR 14.408-4 Economic price adjustment.
    …but a bidder proposes one with a ceiling that the price will not exceed, the bid shall be evaluated on the basis of the maximum possible economic price adjustment of the quoted base price. (2) If the bid is eligible for award, the contract…
  • FAR 25.106 Determining reasonableness of cost.
    …part 19.5). (ii) The price of the domestic offer is reasonable if it does not exceed the evaluated price of the low offer after addition of the appropriate evaluation factor in accordance with paragraph (a) or (b)(1)(i) of this section. Se…
  • FAR 52.219-4 Notice of Price Evaluation Preference for HUBZone Small Business Concerns.
    …HUBZone Small Business Concerns (OCT 2022) (a) Evaluation preference. (1) Offers will be evaluated by adding a factor of 10 percent to the price of all offers, except— (i) Offers from HUBZone small business concerns that have not waived t…
  • FAR 15.404-1 Proposal analysis techniques.
    …rformance risk assessments and responsibility determinations. However, proposals shall be evaluated using the criteria in the solicitation, and the offered prices shall not be adjusted as a result of the analysis. (e) Technical analysis. (…
  • FAR 19.1307 Price evaluation preference for HUBZone small business concerns.
    …highest rated offerors are a HUBZone small business concern and a large business, and the evaluated offer of the HUBZone small business concern is equal to the evaluated offer of the large business after considering the price evaluation pre…
  • FAR 25.502 Application.
    …n to cost or price, apply the evaluation factors as specified in this section and use the evaluated cost or price in determining the offer that represents the best value to the Government. (b) For acquisitions covered by the WTO GPA (see S…
  • FAR 25.605 Evaluating offers of foreign construction material.
    …arable domestic unmanufactured construction material requested by the offeror. (3) Total evaluated price = offered price + (.25 × offered price, if (a)(1) applies) + (.20 × cost of foreign unmanufactured construction material, if (a)(2) ap…
  • FAR 42.1503 Procedures.
    …) Evaluation factors may include subfactors. (4) Each factor and subfactor used shall be evaluated and a supporting narrative provided. Each evaluation factor, as listed in paragraph (b)(2) of this section, shall be rated in accordance wit…
  • FAR 52.215-1 Instructions to Offerors—Competitive Acquisition.
    … line items or subline items. Unbalanced pricing exists when, despite an acceptable total evaluated price, the price of one or more line items is significantly overstated or understated as indicated by the application of cost or price analy…
  • DFARS 217.7505 Limitations on price increases.
    … the head of the contracting activity before award that— (1) The contracting officer has evaluated the price of the part and concluded that the price increase is fair and reasonable; or (2) The national security interests of the United St…
  • DFARS 225.502 Application.
    …or to the low foreign offer. (1) If the price of the low domestic offer is less than the evaluated price of the low foreign offer, award on the low domestic offer (see example in PGI 225.504(3)). (2) If the evaluated price of the low fore…
  • DFARS 225.7703-3 Evaluating offers.
    …) If the price of the low offer of a product or service from Afghanistan is less than the evaluated price of the low offer, award on the low offer of a product or service from Afghanistan. (2) If the evaluated price of the low offer remain…
  • FAR 9.103 Policy.
    …7) applies, see subpart 19.8.) (c) 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 additiona…
  • FAR 12.602 Streamlined evaluation of offers.
    … required to describe the relative importance of evaluation factors. (b) Offers shall be evaluated in accordance with the criteria contained in the solicitation. For many commercial products or commercial services, the criteria need not be…
  • FAR 15.304 Evaluation factors and significant subfactors.
    …, subject to the following requirements: (1)(i) Price or cost to the Government shall be evaluated in every source selection (10 U.S.C. 3206(c)(1)(B) and 41 U.S.C. 3306(c)(1)(B)) (also see part 36 for architect-engineer contracts), subject…
  • FAR 32.205 Procedures for offeror-proposed commercial contract financing.
    …mputed cost of those financing payments and add it to the proposed price to determine the evaluated price for each offeror. (3) The imputed cost of a single financing payment is the amount of the payment multiplied by the annual interest r…
  • FAR 52.225-22 Notice of Required Use of American Iron, Steel, and Manufactured Goods—Buy American Statute—Construction Materials.
    …ply the evaluation factors as specified in paragraph (c)(1) of this provision and use the evaluated price in determining the offer that represents the best value to the Government. (3) Unless paragraph (c)(2) of this provision applies, if …
  • FAR 52.247-51 Evaluation of Export Offers.
    …. (b) F.o.b. origin, transportation under Government bill of lading. (1) Offers shall be evaluated and awards made on the basis of the lowest laid down cost to the Government at the overseas port of discharge, via methods and ports compati…
  • FAR 13.106-2 Evaluation of quotations or offers.
    …ing point of the supplier to the delivery destination. (2) Quotations or offers shall be evaluated on the basis established in the solicitation. (3) All quotations or offers shall be considered (see paragraph (b) of this subsection). (b)…
  • FAR 17.106-2 Solicitations.
    … including the requirements for each program year. (b) Criteria for comparing the lowest evaluated submission on the first program year requirements to the lowest evaluated submission on the multiyear requirements. (c) A provision that, i…
  • FAR 19.301-1 Representation by the offeror.
    …er at the time of initial offer, (whether or not the offer includes price or the price is evaluated), including offers for— (1) Basic ordering agreements (see 16.703); and (2) Blanket purchase agreements (BPAs) issued pursuant to part 13.…
  • FAR 52.212-1 Instructions to Offerors—Commercial Products and Commercial Services.
    …rvices for satisfying the requirements of this solicitation. Each offer submitted will be evaluated separately. (f) Late submissions, modifications, revisions, and withdrawals of offers. (1) Offerors are responsible for submitting offers, …
  • DFARS 212.7004 Procedures.
    …ish the notice at least annually. (c) Proposals received in response to the CSO shall be evaluated in accordance with evaluation factors specified therein through a scientific, technological, or other subject-matter expert peer review proc…
  • FAR 2.101 Definitions.
    …ies or services are already in existence or must be created, developed, demonstrated, and evaluated. Acquisition begins at the point when agency needs are established and includes the description of requirements to satisfy agency needs, sol…
  • FAR 6.001 Applicability.
    … are within the scope of the contract, including the exercise of priced options that were evaluated as part of the original competition (see 17.207(f)); (d) Orders placed under requirements contracts or definite-quantity contracts; (e) Or…
  • FAR 8.602 Policy.
    …s that will be used as the basis for selecting a source, so that an offer from FPI can be evaluated on the same basis as the contract or schedule holder; and (B) Consider a timely offer from FPI; (iv) Award to the source offering the item…
  • FAR 11.401 General.
    …cessary, inform bidders or offerors of the basis on which their bids or proposals will be evaluated with respect to time of delivery or performance. (c) If timely delivery or performance is unusually important to the Government, liquidated…
  • FAR 14.101 Elements of sealed bidding.
    …n the solicitation for the public opening of bids. (d) Evaluation of bids. Bids shall be evaluated without discussions. (e) Contract award. After bids are publicly opened, an award will be made with reasonable promptness to that responsib…
  • FAR 14.201-5 Part IV—Representations and instructions.
    …l include the time and place for bid openings, and shall advise bidders that bids will be evaluated without discussions (see 52.214-10 and, for construction contracts, 52.214-19). (c) Section M, Evaluation factors for award. Identify the p…
  • FAR 14.501 General.
    … who submitted acceptable technical proposals in step one. Bids submitted in step two are evaluated and the awards made in accordance with subparts 14.3 and 14.4.
  • FAR 15.305 Proposal evaluation.
    …ance or for whom information on past performance is not available, the offeror may not be evaluated favorably or unfavorably on past performance. (v) The evaluation should include the past performance of offerors in complying with subcontr…
  • FAR 15.404-4 Profit.
    … would receive if treated as direct labor. The other elements of indirect costs should be evaluated to determine whether they merit only limited profit consideration because of their routine nature, or are elements that contribute significa…
  • FAR 15.506 Postaward debriefing of offerors.
    …ant weaknesses or deficiencies in the offeror's proposal, if applicable; (2) The overall evaluated cost or price (including unit prices), and technical rating, if applicable, of the successful offeror and the debriefed offeror, and past pe…
  • FAR 16.104 Factors in selecting contract types.
    …ertainties involved in performance and their possible impact upon costs be identified and evaluated, so that a contract type that places a reasonable degree of cost responsibility upon the contractor can be negotiated. (d) Type and complex…
  • FAR 17.203 Solicitations.
    …ces no higher than those for the initial requirement; e.g., when (1) the option cannot be evaluated under 17.206, or (2) future competition for the option is impracticable. (g) Solicitations that require the offering of an option at prices…
  • FAR 17.207 Exercise of options.
    …sfy requirements of part 6 regarding full and open competition, the option must have been evaluated as part of the initial competition and be exercisable at an amount specified in or reasonably determinable from the terms of the basic contr…

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.