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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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235 sections with “price agreement”: the first 40

  • FAR 15.405 Price negotiation.
    (a) The purpose of performing cost or price analysis is to develop a negotiation position that permits the contracting officer and the offeror an opportunity to reach agreement on a fair and reasonable price. A fair and reasonable price doe…
  • FAR 8.405-3 Blanket purchase agreements (BPAs).
    …hat can provide the supply or service that represents the best value. (2) In addition to price (see 8.404(d) and 8.405-4), when determining best value, the ordering activity may consider, among other factors, the following: (i) Past perfo…
  • FAR 13.302-2 Unpriced purchase orders.
    (a) An unpriced purchase order is an order for supplies or services, the price of which is not established at the time of issuance of the order. (b) An unpriced purchase order may be used only when— (1) It is impractical to obtain pricing…
  • FAR 16.703 Basic ordering agreements.
    … for uncertain requirements for supplies or services when specific items, quantities, and prices are not known at the time the agreement is executed, but a substantial number of requirements for the type of supplies or services covered by t…
  • FAR 31.102 Fixed-price contracts.
    The applicable subparts of part 31 shall be used in the pricing of fixed-price contracts, subcontracts, and modifications to contracts and subcontracts whenever (a) cost analysis is performed, or (b) a fixed-price contract clause requires t…
  • FAR 32.501-3 Contract price.
    …aking progress payments and determining the limitation on progress payments, the contract price shall be as follows: (1) Under firm-fixed price contracts, the contract price is the current amount fixed by the contract plus the not-to-excee…
  • FAR 52.203-2 Certificate of Independent Price Determination.
    …uotation and Quoter may be substituted for Offer and Offeror. Certificate of Independent Price Determination (APR 1985) (a) The offeror certifies that— (1) The prices in this offer have been arrived at independently, without, for the pur…
  • FAR 52.214-27 Price Reduction for Defective Certified Cost or Pricing Data—Modifications—Sealed Bidding.
    As prescribed in 14.201-7(b), insert the following clause: Price Reduction for Defective Certified Cost or Pricing Data—Modifications—Sealed Bidding (JUN 2020) (a) This clause shall become operative only for any modification to this contr…
  • FAR 52.215-10 Price Reduction for Defective Certified Cost or Pricing Data.
    As prescribed in 15.408(b), insert the following clause: Price Reduction for Defective Certified Cost or Pricing Data (AUG 2011) (a) If any price, including profit or fee, negotiated in connection with this contract, or any cost reimbursa…
  • FAR 52.215-11 Price Reduction for Defective Certified Cost or Pricing Data—Modifications.
    As prescribed in 15.408(c), insert the following clause: Price Reduction for Defective Certified Cost or Pricing Data—Modifications (JUN 2020) (a) This clause shall become operative only for any modification to this contract involving a p…
  • FAR 52.216-4 Economic Price Adjustment—Labor and Material.
    As prescribed in 16.203-4(c), insert the following clause: Economic Price Adjustment—Labor and Material (JAN 2017) (a) The Contractor shall notify the Contracting Officer if, at any time during contract performance, the rates of pay for l…
  • FAR 52.216-5 Price Redetermination—Prospective.
    As prescribed in 16.205-4, insert the following clause: Price Redetermination—Prospective (JAN 2022) (a) General. The unit prices and the total price stated in this contract shall be periodically redetermined in accordance with this claus…
  • FAR 52.216-6 Price Redetermination—Retroactive.
    As prescribed in 16.206-4, insert the following clause: Price Redetermination—Retroactive (JAN 2022) (a) General. The unit price and the total price stated in this contract shall be redetermined in accordance with this clause, but in no e…
  • FAR 52.216-16 Incentive Price Revision—Firm Target.
    As prescribed in 16.406(a), insert the following clause: Incentive Price Revision—Firm Target (JAN 2022) (a) General. The supplies or services identified in the Schedule as Items ___ [Contracting Officer insert Schedule line item numbers]…
  • FAR 52.216-17 Incentive Price Revision—Successive Targets.
    As prescribed in 16.406(b), insert the following clause: Incentive Price Revision—Successive Targets (JAN 2022) (a) General. The supplies or services identified in the Schedule as Items ___ [Contracting Officer insert line item numbers] a…
  • FAR 52.222-32 Construction Wage Rate Requirements—Price Adjustment (Actual Method).
    …rescribed in 22.407(g), insert the following clause: Construction Wage Rate Requirements—Price Adjustment (Actual Method) (AUG 2018) (a) The wage determination issued under the Construction Wage Rate Requirements statute by the Administra…
  • FAR 52.222-43 Fair Labor Standards Act and Service Contract Labor Standards—Price Adjustment (Multiple Year and Option Contracts).
    …sert the following clause: Fair Labor Standards Act and Service Contract Labor Standards—Price Adjustment (Multiple Year and Option Contracts) (AUG 2018) (a) This clause applies to both contracts subject to area prevailing wage determinat…
  • FAR 52.222-44 Fair Labor Standards Act and Service Contract Labor Standards—Price Adjustment.
    …sert the following clause: Fair Labor Standards Act And Service Contract Labor Standards—Price Adjustment (MAY 2014) (a) This clause applies to both contracts subject to area prevailing wage determinations and contracts subject to Contrac…
  • FAR 52.225-11 Buy American—Construction Materials Under Trade Agreements.
    …he foreign and domestic construction materials; (B) Unit of measure; (C) Quantity; (D) Price; (E) Time of delivery or availability; (F) Location of the construction project; (G) Name and address of the proposed supplier; and (H) A de…
  • FAR 52.225-24 Notice of Required Use of American Iron, Steel, and Manufactured Goods—Buy American Statute—Construction Materials Under Trade Agreements.
    … of section 1605 of the Recovery Act or the Buy American statute by adding to the offered price of the contract— (i) 25 percent of the offered price of the contract, if foreign manufactured construction material is included in the offer ba…
  • FAR 52.249-2 Termination for Convenience of the Government (Fixed-Price).
    …1)(i), insert the following clause: Termination for Convenience of the Government (Fixed-Price) (APR 2012) (a) The Government may terminate performance of work under this contract in whole or, from time to time, in part if the Contracting…
  • DFARS 252.225-7036 Buy American—Free Trade Agreements—Balance of Payments Program.
    …an end product, or, at the Contractor's option, a domestic end product. (d) The contract price does not include duty for end products or components for which the Contractor will claim duty-free entry. (End of clause) Alternate I. As pres…
  • DFARS 252.247-7002 Revision of prices.
    As prescribed in 247.270-4(b), use the following clause: Revision of Prices (DEC 1991) (a) Definition. Wage adjustment, as used in this clause, means a change in the wages, salaries, or other terms or conditions of employment which— (1) …
  • FAR 2.101 Definitions.
    …bstantial quantities in the commercial marketplace based on established catalog or market prices for specific tasks performed or specific outcomes to be achieved and under standard commercial terms and conditions. For purposes of these serv…
  • FAR 15.403-4 Requiring certified cost or pricing data (10 U.S.C. chapter 271 and 41 U.S.C. chapter 35).
    … circumstances exist and has sufficient data available to determine a fair and reasonable price, then the contracting officer should consider requesting a waiver under the exception at 15.403-1(b)(4). The threshold for obtaining certified c…
  • FAR 15.404-3 Subcontract pricing considerations.
    (a) The contracting officer is responsible for the determination of a fair and reasonable price for the prime contract, including subcontracting costs. The contracting officer should consider whether a contractor or subcontractor has an app…
  • FAR 15.404-4 Profit.
    … for establishing the profit or fee portion of the Government prenegotiation objective in price negotiations based on cost analysis. (1) Profit or fee prenegotiation objectives do not necessarily represent net income to contractors. Rather…
  • FAR 15.406-2 Certificate of current cost or pricing data.
    …r and the Government that are part of the proposal. * Identify the proposal, request for price adjustment, or other submission involved, giving the appropriate identifying number (e.g., RFP No.). ** Insert the day, month, and year when pr…
  • FAR 15.408 Solicitation provisions and contract clauses.
    …alue, the contracting officer shall use the clause with— (1) Its Alternate I, if a fixed-price incentive contract is contemplated; or (2) Its Alternate II, if a cost-plus-incentive-fee contract is contemplated. (b) Price Reduction for De…
  • FAR 22.504 General requirements for project labor agreements.
    …of potential offerors to such a degree that adequate competition at a fair and reasonable price could not be achieved. (See 10.002(b)(1) and 36.104). A likely reduction in the number of potential offerors is not, by itself, sufficient to ex…
  • FAR 49.603-2 Fixed-price contracts—partial termination.
    [Insert the following in Block 14 of SF 30 for settlements of fixed-price contracts partially terminated.] (a) This supplemental agreement settles the settlement proposal resulting from the Notice of Termination dated __________________. …
  • FAR 52.232-5 Payments Under Fixed-Price Construction Contracts.
    As prescribed in 32.111(a)(5), insert the following clause: Payments Under Fixed-Price Construction Contracts (MAY 2014) (a) Payment of price. The Government shall pay the Contractor the contract price as provided in this contract. (b) P…
  • DFARS 252.225-7021 Trade Agreements.
    …t's requirements; or (ii) A national interest waiver has been granted. (d) The contract price does not include duty for end products or components for which the Contractor will claim duty-free entry. (e) The HTSUS is available at http://…
  • FAR 3.303 Reporting suspected antitrust violations.
    … may evidence violations of the antitrust laws include— (1) The existence of an industry price list or price agreement to which contractors refer in formulating their offers; (2) A sudden change from competitive bidding to identical biddi…
  • FAR 52.225-12 Notice of Buy American Requirement—Construction Materials Under Trade Agreements.
    …on claimed unreasonable cost of domestic construction materials, by adding to the offered price the appropriate percentage of the cost of such foreign construction material, as specified in paragraph (b)(4)(i) of FAR clause 52.225-11. (2) …
  • DFARS 252.235-7000 Indemnification Under 10 U.S.C. 3861—Fixed Price.
    …ribed in 235.070-3, use the following clause: Indemnification Under 10 U.S.C. 3861—Fixed Price (DEC 2022) (a) This clause provides for indemnification under 10 U.S.C. 3861 if the Contractor meets all the terms and conditions of this claus…
  • FAR 8.402 General.
    …4) with a simplified process for obtaining commercial supplies and commercial services at prices associated with volume buying. Indefinite delivery contracts are awarded to provide supplies and services at stated prices for given periods of…
  • FAR 8.404 Use of Federal Supply Schedules.
    …the supply or service. (d) Pricing. Supplies offered on the schedule are listed at fixed prices. Services offered on the schedule are priced either at hourly rates, or at a fixed price for performance of a specific task (e.g., installation…
  • FAR 13.106-1 Soliciting competition.
    … dollar value of the proposed purchase. (v) Past experience concerning specific dealers' prices. (2)(i) When soliciting quotations or offers, the contracting officer shall notify potential quoters or offerors of the basis on which award w…
  • FAR 14.407-4 Mistakes after award.
    …reform a contract (i) to delete the items involved in the mistake or (ii) to increase the price if the contract price, as corrected, does not exceed that of the next lowest acceptable bid under the original invitation for bids; or (3) That…

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.