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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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102 sections with “price competition”: the first 40

  • FAR 52.216-30 Time-and-Materials/Labor-Hour Proposal Requirements—Other Than Commercial Acquisition Without Adequate Price Competition.
    …rials/Labor-Hour Proposal Requirements—Other Than Commercial Acquisition Without Adequate Price Competition (NOV 2021) (a) The Government contemplates award of a Time-and-Materials or Labor-Hour type of contract resulting from this solicit…
  • FAR 52.216-29 Time-and-Materials/Labor-Hour Proposal Requirements—Other Than Commercial Acquisition With Adequate Price Competition.
    …aterials/Labor-Hour Proposal Requirements—Other Than Commercial Acquisition With Adequate Price Competition (NOV 2021) (a) The Government contemplates award of a Time-and-Materials or Labor-Hour type of contract resulting from this solicit…
  • DFARS 252.216-7002 Alternate A, Time-and-Materials/Labor-Hour Proposal Requirements—Other Than Commercial Acquisition with Adequate Price Competition.
    …aterials/Labor-Hour Proposal Requirements—Other Than Commercial Acquisition With Adequate Price Competition (JAN 2023) (c) The offeror must establish fixed hourly rates using separate rates for each category of labor to be performed by eac…
  • 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 19.1307 Price evaluation preference for HUBZone small business concerns.
    (a) The price evaluation preference for HUBZone small business concerns shall be used in acquisitions conducted using full and open competition. The preference shall not be used— (1) Where price is not a selection factor so that a price ev…
  • 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 15.402 Pricing policy.
    …hall— (a) Purchase supplies and services from responsible sources at fair and reasonable prices. In establishing the reasonableness of the offered prices, the contracting officer— (1) Shall obtain certified cost or pricing data when requi…
  • 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).
    … pricing data as defined in FAR 2.101 to support a determination of a fair and reasonable price or cost realism)— (1) When the contracting officer determines that prices agreed upon are based on adequate price competition (see standards in…
  • FAR 15.403-3 Requiring data other than certified cost or pricing data.
    …ernment or other secondary sources and use that data in determining a fair and reasonable price; (ii) Require submission of data other than certified cost or pricing data, as defined in 2.101, from the offeror to the extent necessary to de…
  • FAR 15.404-1 Proposal analysis techniques.
    (a) General. The objective of proposal analysis is to ensure that the final agreed-to price is fair and reasonable. (1) The contracting officer is responsible for evaluating the reasonableness of the offered prices. The analytical techniqu…
  • 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 16.104 Factors in selecting contract types.
    …consider in selecting and negotiating the contract type. They include the following: (a) Price competition. Normally, effective price competition results in realistic pricing, and a fixed-price contract is ordinarily in the Government's in…
  • FAR 16.202-2 Application.
    A firm-fixed-price contract is suitable for acquiring commercial products or commercial services (see parts 2 and 12) or for acquiring other supplies or services on the basis of reasonably definite functional or detailed specifications (see…
  • FAR 16.601 Time-and-materials contracts.
    …sitions of other than commercial products or commercial services awarded without adequate price competition (see 15.403-1(c)(1)), the contract shall specify separate fixed hourly rates that include wages, overhead, general and administrativ…
  • FAR 16.603-2 Application.
    …finite as feasible under the circumstances. (b) When a letter contract award is based on price competition, the contracting officer shall include an overall price ceiling in the letter contract. (c) Each letter contract shall, as required…
  • FAR 44.202-2 Considerations.
    …eople Who Are Blind or Severely Disabled (41 U.S.C. 8504) (see part 8)? (5) Was adequate price competition obtained or its absence properly justified? (6) Did the contractor adequately assess and dispose of subcontractors' alternate propo…
  • FAR 44.204 Contract clauses.
    … (ii) A letter contract that exceeds the simplified acquisition threshold; (iii) A fixed-price contract that exceeds the simplified acquisition threshold under which unpriced contract actions (including unpriced modifications or unpriced d…
  • FAR 52.215-21 Requirements for Certified Cost or Pricing Data and Data Other Than Certified Cost or Pricing Data—Modifications.
    …u of submitting certified cost or pricing data for modifications under this contract, for price adjustments expected to exceed the threshold set forth in Federal Acquisition Regulation (FAR) 15.403-4(a)(1) on the date of the agreement on pr…
  • FAR 52.216-25 Contract Definitization.
    …ns. The Contractor agrees to submit a ____ [insert specific type of proposal (e.g., fixed-price or cost-and-fee)] proposal, including data other than certified cost or pricing data, and certified cost or pricing data, in accordance with FAR…
  • DFARS 215.403-1 Prohibition on obtaining certified cost or pricing data (10 U.S.C. chapter 271 and 41 U.S.C. chapter 35).
    …c) Standards for exceptions from certified cost or pricing data requirements—(1) Adequate price competition. (A) For acquisitions under dual or multiple source programs— (1) The determination of adequate price competition must be made on …
  • DFARS 215.404-1 Proposal analysis techniques.
    …ts or support equipment, perform an analysis of— (A) Those line items where the proposed price exceeds by 25 percent or more the lowest price the Government has paid within the most recent 12-month period based on reasonably available data…
  • DFARS 216.601 Time-and-materials contracts.
    …) Address why a cost-plus-fixed-fee term or other cost-reimbursement, incentive, or fixed-price contract or order is not appropriate; for contracts (including indefinite-delivery contracts) and orders for other than commercial products or c…
  • DFARS 225.7303 Pricing acquisitions for FMS.
    (a) Price FMS contracts using the same principles used in pricing other defense contracts. However, application of the pricing principles in FAR parts 15 and 31 to an FMS contract may result in prices that differ from other defense contract…
  • DFARS 252.215-7010 Requirements for Certified Cost or Pricing Data and Data Other Than Certified Cost or Pricing Data.
    …ost or Pricing Data—Basic (MAY 2024) (a) Definitions. As used in this provision— Market prices means current prices that are established in the course of ordinary trade between buyers and sellers free to bargain and that can be substantia…
  • FAR 37.105 Competition in service contracting.
    …on may vary with the type of service being acquired and may not necessarily be limited to price competition.
  • FAR 44.303 Extent of review.
    … exclusively in support of Government contracts that are competitively awarded firm-fixed-price, competitively awarded fixed-price with economic price adjustment, or awarded for commercial products and commercial services pursuant to part 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 3.103-2 Evaluating the certification.
    …onstitutes disclosure as it is used in paragraph (a)(2) of the Certificate of Independent Price Determination (hereafter, the certificate): (i) The fact that a firm has published price lists, rates, or tariffs covering items being acquired…
  • FAR 4.803 Contents of contract files.
    …ng the type and extent of market research conducted. (7) Government estimate of contract price. (8) A copy of the solicitation and all amendments thereto. (9) Security requirements and evidence of required clearances. (10) A copy of eac…
  • FAR 7.105 Contents of written acquisition plans.
    …tion. Discuss the rationale for the selection of contract type. For other than firm-fixed-price contracts, see 16.103(d) for additional documentation guidance. Acquisition personnel shall document the acquisition plan with findings that det…
  • 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 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 12.207 Contract type.
    (a) Except as provided in paragraph (b) of this section, agencies shall use firm-fixed-price contracts or fixed-price contracts with economic price adjustment for the acquisition of commercial products or commercial services. (b)(1) A time…
  • FAR 13.106-3 Award and documentation.
    … for award. Before making award, the contracting officer must determine that the proposed price is fair and reasonable. (1) Whenever possible, base price reasonableness on competitive quotations or offers. (2) If only one response is rece…
  • FAR 14.503-1 Step one.
    …y significant subfactors. (5) A statement that the technical proposals shall not include prices or pricing information. (6) The date, or date and hour, by which the proposal must be received (see 14.201-6(r)). (7) A statement that (i) in…
  • FAR 15.305 Proposal evaluation.
    …sks supporting proposal evaluation shall be documented in the contract file. (1) Cost or price evaluation. Normally, competition establishes price reasonableness. Therefore, when contracting on a firm-fixed-price or fixed-price with econom…
  • FAR 15.306 Exchanges with offerors after receipt of proposals.
    …udes persuasion, alteration of assumptions and positions, give-and-take, and may apply to price, schedule, technical requirements, type of contract, or other terms of a proposed contract. When negotiations are conducted in a competitive acq…
  • FAR 15.503 Notifications to unsuccessful offerors.
    …ress of each offeror receiving an award; (iv) The items, quantities, and any stated unit prices of each award. If the number of items or other factors makes listing any stated unit prices impracticable at that time, only the total contract…
  • FAR 16.505 Ordering.
    …rly describe all services to be performed or supplies to be delivered so the full cost or price for the performance of the work can be established when the order is placed. Orders shall be within the scope, issued within the period of perfo…

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.