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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226 sections with “prices”: the first 40

  • FAR 8.707 Prices.
    (a) The prices of items on the Procurement List are fair market prices established by the Committee. All prices for supplies ordered under this subpart are f.o.b. origin. (b) Prices for supplies are normally adjusted semiannually. Prices f…
  • DFARS 252.216-7003 Economic price adjustment—wage rates or material prices controlled by a foreign government.
    …3-4-70(c)(1), use the following clause: Economic Price Adjustment—Wage Rates or Material Prices Controlled by a Foreign Government (MAR 2012) (a) As represented by the Contractor in its offer, the prices set forth in this contract— (1) A…
  • 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 52.215-14 Integrity of Unit Prices.
    As prescribed in 15.408(f)(1), insert the following clause: Integrity of Unit Prices (NOV 2021) (a) Any proposal submitted for the negotiation of prices for items of supplies shall distribute costs within contracts on a basis that ensures…
  • DFARS 252.216-7008 Economic price adjustment—wage rates or material prices controlled by a foreign government—representation.
    …-70(c)(2), use the following provision: Economic Price Adjustment—Wage Rates or Material Prices Controlled by a Foreign Government—Representation (MAR 2012) (a) By submission of its offer, the offeror represents that the prices set forth …
  • DFARS 252.236-7008 Contract prices—bidding schedules.
    As prescribed in 236.570(b)(6), use the following provision: Contract Prices—Bidding Schedules (DEC 1991) (a) The Government's payment for the items listed in the Bidding Schedule shall constitute full compensation to the Contractor for— …
  • DFARS 215.470 Estimated data prices.
    (a) DoD requires estimates of the prices of data in order to evaluate the cost to the Government of data items in terms of their management, product, or engineering value. (b) When data are required to be delivered under a contract, includ…
  • 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 15.402 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).
    … 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 paragraph (c)(1) of this subsection); (2) When the contracting officer d…
  • FAR 15.404-1 Proposal analysis techniques.
    …) The contracting officer is responsible for evaluating the reasonableness of the offered prices. The analytical techniques and procedures described in this section may be used, singly or in combination with others, to ensure that the final…
  • FAR 15.408 Solicitation provisions and contract clauses.
    …ertified Cost or Pricing Data—Modifications, with its Alternate I. (f) Integrity of Unit Prices. (1) The contracting officer shall insert the clause at 52.215-14, Integrity of Unit Prices, in solicitations and contracts except for— (i) Ac…
  • FAR 16.203-4 Contract clauses.
    (a) Adjustment based on established prices—standard supplies. (1) The contracting officer shall, when contracting by negotiation, insert the clause at 52.216-2, Economic Price Adjustment—Standard Supplies, or an agency-prescribed clause as …
  • FAR 17.203 Solicitations.
    …uation for award (see 17.206). (d) Solicitations that allow the offer of options at unit prices which differ from the unit prices for the basic requirement shall state that offerors may offer varying prices for options, depending on the qu…
  • FAR 22.1003-4 Administrative limitations, variations, tolerances, and exemptions.
    …blic in the course of normal business operations. (ii) The 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 2…
  • FAR 30.606 Resolving cost impacts.
    …ultation with the affected contracting officers, increase or decrease individual contract prices, including contract cost ceilings or target costs on flexibly-priced contracts. In such cases, the CFAO shall limit any upward contract price a…
  • FAR 52.203-2 Certificate of Independent Price Determination.
    …e 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 purpose of restricting competition, any consultation, communication, or agre…
  • FAR 52.216-4 Economic Price Adjustment—Labor and Material.
    … contract performance, the rates of pay for labor (including fringe benefits) or the unit prices for material shown in the Schedule either increase or decrease. The Contractor shall furnish this notice within 60 days after the increase or d…
  • FAR 52.216-5 Price Redetermination—Prospective.
    …he 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 clause, except that (1) the prices for s…
  • FAR 52.216-6 Price Redetermination—Retroactive.
    … services to be performed under this contract, the Contractor shall submit— (i) Proposed prices; (ii) A statement in the format of table 15-2, FAR 15.408, or in any other form on which the parties may agree, of all costs incurred in perfo…
  • FAR 52.216-16 Incentive Price Revision—Firm Target.
    …ermitted or required by this or any other clause in this contract. (f) Adjusting billing prices. (1) Pending execution of the contract modification (see paragraph (e) above), the Contractor shall submit invoices or vouchers in accordance w…
  • FAR 52.216-17 Incentive Price Revision—Successive Targets.
    … the total final price of these items exceed the ceiling price of ___ dollars ($___). The prices of these items shown in the Schedule are the initial target prices, which include an initial target profit of ___ [Contracting Officer insert p…
  • FAR 52.230-6 Administration of Cost Accounting Standards.
    …hanges— (i) Estimated increased cost accumulations are the basis for increasing contract prices, target prices and cost ceilings; and (ii) Estimated decreased cost accumulations are the basis for decreasing contract prices, target prices …
  • FAR 52.246-2 Inspection of Supplies—Fixed-Price.
    …correction shall be considered a cost incurred, or to be incurred, when redetermining the prices under the price redetermination clause. However, replacements or corrections by the Contractor after the establishment of the redetermined pric…
  • DFARS 212.209 Determination of price reasonableness.
    …ontracting officer shall consider information submitted by the offeror of recent purchase prices paid by the Government and commercial customers for the same or similar commercial products or commercial services under comparable terms and c…
  • DFARS 215.404-1 Proposal analysis techniques.
    …ce 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 that th…
  • DFARS 216.203-4-70 Additional provisions and clauses.
    …t a level above the contracting officer. (c) Price adjustment for wage rates or material prices controlled by a foreign government. (1)(i) The price adjustment clause at 252.216-7003, Economic Price Adjustment—Wage Rates or Material Prices…
  • 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…
  • DFARS 252.244-7001 Contractor Purchasing System Administration.
    …ontracting, including make-or-buy decisions, the selection of vendors, analysis of quoted prices, negotiation of prices with vendors, placing and administering of orders, and expediting delivery of materials. (b) General. The Contractor sh…
  • FAR 3.103-2 Evaluating the certification.
    …. (iii) The fact that a firm has sold the same items to commercial customers at the same prices being offered to the Government. (iv) Participating in a reverse auction (see subpart 17.8). (2) For the purpose of paragraph (b)(2) of the c…
  • 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 17.106-3 Special procedures applicable to DoD, NASA, and the Coast Guard.
    … a contracting activity may authorize the use of a solicitation requesting only multiyear prices, provided it is found that such a solicitation is in the Government's interest, and that dual proposals are not necessary to meet the objective…
  • FAR 36.205 Statutory cost limitations.
    …s, allocable indirect costs, and profit. (c) The Government shall reject an offer if its prices exceed applicable statutory limitations, unless laws or agency procedures provide pertinent exemptions. However, if it is in the Government's i…
  • FAR 42.302 Contract administration functions.
    …ue work requests under maintenance, overhaul, and modification contracts. (23) Negotiate prices and execute supplemental agreements for spare parts and other items selected through provisioning procedures when prescribed by agency acquisit…
  • FAR 52.212-3 Offeror Representations and Certifications—Commercial Products and Commercial Services.
    …blic in the course of normal business operations; (ii) The 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 s…
  • FAR 52.214-10 Contract Award—Sealed Bidding.
    …t to make an award on any item for a quantity less than the quantity offered, at the unit prices offered, unless the bidder specifies otherwise in the bid. (d) A written award or acceptance of a bid mailed or otherwise furnished to the suc…
  • FAR 52.215-21 Requirements for Certified Cost or Pricing Data and Data Other Than Certified Cost or Pricing Data—Modifications.
    …ata requirements because the price agreed upon was based on adequate price competition or prices set by law or regulation, or was a contract or subcontract for the acquisition of a commercial product or commercial service; and (2) The modi…
  • DFARS 204.7104-1 Criteria for establishing.
    …arately for payment purposes. (2) The informational subline item may include quantities, prices, or amounts, if necessary to satisfy management requirements. However, these elements shall be included within the item description in the supp…
  • 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).
    …ork; (B) The BPA provides only for firm-fixed priced orders for— (1) Products with unit prices established in the BPA; or (2) Services with prices established in the BPA for specific tasks to be performed; (C) Only one source is qualifi…

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.