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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66 sections with “market conditions”: the first 40

  • FAR 12.302 Tailoring of provisions and clauses for the acquisition of commercial products and commercial services.
    …ed in this subpart are intended to address, to the maximum extent practicable, commercial market practices for a wide range of potential Government acquisitions of commercial products and commercial services. However, because of the broad r…
  • FAR 15.403-1 Prohibition on obtaining certified cost or pricing data (10 U.S.C. chapter 271 and 41 U.S.C. chapter 35).
    …sed on adequate price competition when- (A) There was a reasonable expectation, based on market research or other assessment, that two or more responsible offerors, competing independently, would submit priced offers in response to the sol…
  • FAR 19.807 Estimating the fair market price.
    (a) The contracting officer shall estimate the fair market price of the work to be performed by the 8(a) contractor. (b) In estimating the fair market price for an acquisition other than those covered in paragraph (c) of this section, the …
  • FAR 2.101 Definitions.
    …y materials, forest products that meet biobased content requirements, notwithstanding the market share the product holds, the age of the product, or whether the market for the product is new or emerging. (7 U.S.C. 8101) (7 CFR 3201.2). Bro…
  • FAR 31.205-6 Compensation for personal services.
    …lowing additional restrictions apply: (i) Valuation placed on the securities is the fair market value on the first date the number of shares awarded is known, determined upon the most objective basis available. (ii) Accruals for the cost …
  • FAR 31.205-38 Selling costs.
    (a) “Selling” is a generic term encompassing all efforts to market the contractor's products or services, some of which are covered specifically in other subsections of 31.205. The costs of any selling efforts other than those addressed in …
  • DFARS 215.404-1 Proposal analysis techniques.
    …e absence of adequate price competition in response to the solicitation, pricing based on market prices is the preferred method to establish a fair and reasonable price (see PGI 215.404-1(b)(i)). (ii) If the contracting officer determines …
  • FAR 15.404-1 Proposal analysis techniques.
    …must be adjusted to account for materially differing terms and conditions, quantities and market and economic factors. For similar items, the contracting officer must also adjust the prior price to account for material differences between t…
  • FAR 19.502-6 Setting aside a class of acquisitions for small business.
    …s in the magnitude of requirements, specifications, delivery requirements, or competitive market conditions that have occurred since the initial approval of the class small business set-aside. If there are any changes of such a material nat…
  • FAR 22.504 General requirements for project labor agreements.
    …usual and compelling urgency that a project labor agreement would be impracticable. (ii) Market research indicates that requiring a project labor agreement on the project would substantially reduce the number of potential offerors to such …
  • FAR 22.1003-4 Administrative limitations, variations, tolerances, and exemptions.
    …e services will be furnished at prices which are, or are based on, established catalog or market prices for the maintenance, calibration, or repair of such equipment. As defined at 29 CFR 4.123(e)(1)(ii)(B)— (A) An established catalog pric…
  • FAR 36.104 Policy.
    …ion, unless an exception applies (see subpart 22.5). (2) Contracting officers conducting market research for Federal construction contracts, valued at or above the threshold in paragraph (c)(1) of this section, shall ensure that the proced…
  • FAR 52.212-4 Contract Terms and Conditions—Commercial Products and Commercial Services.
    …ce to be paid for such materials shall not exceed the Contractor's established catalog or market price, adjusted to reflect the— (1) Quantities being acquired; and (2) Any modifications necessary because of contract requirements. (B) Exc…
  • FAR 11.402 Factors to consider in establishing schedules.
    …en to applicable factors such as the— (1) Urgency of need; (2) Industry practices; (3) Market conditions; (4) Transportation time; (5) Production time; (6) Capabilities of small business concerns; (7) Administrative time for obtainin…
  • FAR 13.303-6 Review procedures.
    …nually and, if necessary, updated at that time; and (2) Maintain awareness of changes in market conditions, sources of supply, and other pertinent factors that may warrant making new arrangements with different suppliers or modifying exist…
  • FAR 15.404-2 Data to support proposal analysis.
    …ng to qualify as a commercial product or commercial service; and (F) Identifying general market conditions affecting determinations of commerciality and a fair and reasonable price. (iv) Information relative to the business, technical, pr…
  • FAR 31.205-36 Rental costs.
    …se decision, after consideration of (i) rental costs of comparable property, if any; (ii) market conditions in the area; (iii) the type, life expectancy, condition, and value of the property leased; (iv) alternatives available; and (v) othe…
  • FAR 52.222-26 Equal Opportunity.
    …ontractor's profit or productivity; the availability of employees with like skills in the marketplace; market research about the worth of similar jobs in the relevant marketplace; job analysis, descriptions, and evaluations; salary and pay …
  • DFARS 212.209 Determination of price reasonableness.
    (a) In accordance with 10 U.S.C. 3453(d), agencies shall conduct or obtain market research to support the determination of the reasonableness of price for commercial products and commercial services contained in any bid or offer submitted i…
  • DFARS 234.7002 Policy.
    …cation and documentation to support that the modification is customarily available in the marketplace; or (ii) For products under paragraph (3)(ii) of the “commercial product” definition at FAR 2.101, a detailed description of the modifica…
  • FAR 7.107-3 Bundling.
    …rders. (b) The agency shall quantify the specific benefits identified through the use of market research and other techniques to explain how their impact would be measurably substantial (see 10.001(a)(2)(iv) and (a)(3)(vii)). (c) Such ben…
  • FAR 11.002 Policy.
    ….C. 3453, 41 U.S.C. 3306(a), and 41 U.S.C. 3307, agencies shall— (1) Specify needs using market research in a manner designed to— (i) Promote full and open competition (see part 6), or maximum practicable competition when using simplified…
  • FAR 12.213 Other commercial practices.
    It is a common practice in the commercial marketplace for both the buyer and seller to propose terms and conditions written from their particular perspectives. The terms and conditions prescribed in this part seek to balance the interests o…
  • FAR 15.201 Exchanges with industry before receipt of proposals.
    … information are— (1) Industry or small business conferences; (2) Public hearings; (3) Market research, as described in part 10; (4) One-on-one meetings with potential offerors (any that are substantially involved with potential contrac…
  • FAR 16.203-4 Contract clauses.
    …lated. (ii) The requirement is for standard supplies that have an established catalog or market price. (iii) The contracting officer has made the determination specified in 16.203-3. (2) If all the conditions in subparagraph (a)(1) above…
  • FAR 16.504 Indefinite-quantity contracts.
    … maximum. The contracting officer should establish a reasonable maximum quantity based on market research, trends on recent contracts for similar supplies or services, survey of potential users, or any other rational basis. (2) To ensure t…
  • FAR 17.802 Policy.
    (a) The use of reverse auctions may be appropriate when market research indicates that— (1) A competitive marketplace exists for the supplies and/or services being acquired; (2) Multiple offerors can satisfy the agency's requirement; and …
  • FAR 31.001 Definitions.
    …ement of cost, computed by multiplying labor-rate standard by labor-time standard. Labor market means a place where individuals exchange their labor for compensation. Labor markets are identified and defined by a combination of the followi…
  • FAR 41.201 Policy.
    …i) Enter into an interagency agreement, pursuant to 41.206 and 17.5, with a Federal power marketing agency or the Tennessee Valley Authority for the transfer of electric power to the agency; and (iii) Enter into a contract with an electric…
  • FAR 52.212-3 Offeror Representations and Certifications—Commercial Products and Commercial Services.
    …e services will be furnished at prices which are, or are based on, established catalog or market prices (see FAR 22.1003-4(c)(2)(ii)) for the maintenance, calibration, or repair of such equipment; and (iii) The compensation (wage and fring…
  • FAR 52.222-48 Exemption From Application of the Service Contract Labor Standards to Contracts for Maintenance, Calibration, or Repair of Certain Equipment—Certification.
    …e services will be furnished at prices which are, or are based on, established catalog or market prices for the maintenance, calibration, or repair of equipment. (i) An “established catalog price” is a price included in a catalog, price li…
  • FAR 52.222-50 Combating Trafficking in Persons.
    …cquisition Regulation (FAR) 2.101; (ii) Sold in substantial quantities in the commercial marketplace; and (iii) Offered to the Government, under a contract or subcontract at any tier, without modification, in the same form in which it is …
  • FAR 52.222-51 Exemption From Application of the Service Contract Labor Standards to Contracts for Maintenance, Calibration, or Repair of Certain Equipment—Requirements.
    … services shall be furnished at prices which are, or are based on, established catalog or market prices for the maintenance, calibration, or repair of equipment. (1) An “established catalog price” is a price included in a catalog, price li…
  • FAR 52.222-52 Exemption From Application of the Service Contract Labor Standards to Contracts for Certain Services—Certification.
    …ntract services are furnished at prices that are, or are based on, established catalog or market prices. An “established catalog price” is a price included in a catalog, price list, schedule, or other form that is regularly maintained by th…
  • FAR 52.222-53 Exemption From Application of the Service Contract Labor Standards to Contracts for Certain Services—Requirements.
    …ntract services are furnished at prices that are, or are based on, established catalog or market prices. An “established catalog price” is a price included in a catalog, price list, schedule, or other form that is regularly maintained by th…
  • FAR 52.246-26 Reporting Nonconforming Items.
    …ity of the original manufacturer or current design activity, including an authorized aftermarket manufacturer. Unlawful or unauthorized substitution includes used items represented as new, or the false identification of grade, serial number…
  • DFARS 252.227-7018 Rights in Other Than Commercial Technical Data and Computer Software—Small Business Innovation Research Program and Small Business Technology Transfer Program.
    …ess need not be at the stage where it could be offered for sale or sold on the commercial market, nor must the item, component or process be actually reduced to practice within the meaning of Title 35 of the United States Code; (2) A compu…
  • FAR 5.404-1 Release procedures.
    …tion requirements; (2) Not encourage undesirable practices (e.g., attempts to corner the market or hoard industrial materials); and (3) Not indicate the existing or potential mobilization of the industry as a whole. (b) Conditions. The a…
  • FAR 7.105 Contents of written acquisition plans.
    …actors and contracts affected by the bundling. (v) Address the extent and results of the market research and indicate their impact on the various elements of the plan (see part 10). (2) Competition. (i) Describe how competition will be so…
  • FAR 7.107-2 Consolidation.
    …n is necessary and justified in accordance with 15 U.S.C. 657q, after ensuring that— (1) Market research has been conducted; (2) Any alternative contracting approaches that would involve a lesser degree of consolidation have been identifi…

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.