As prescribed in (HSAR) 48 CFR 3016.203-470, insert a provision substantially the same as the following: Evaluation of Offers Subject to an Economic Price Adjustment Clause (JUN
2006)
Offers shall be evaluated without adding an amount for an economic price adjustment. Offers may be rejected which: (1) Increase the stipulated ceiling; (2) limit the downward adjustment; or (3) delete the economic price adjustment clause. If the offer stipulates a ceiling lower than that included in the solicitation, the lower ceiling will be incorporated into any resulting contract.
(End of provision) [71 FR 25775, May 2, 2006]