Code of Federal Regulations (alpha)

CFR /  Title 48  /  Part 252  /  252.216-7008 Economic price adjustment--wage rates or material prices

As prescribed in 216.203-4-70(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 in this offer--

(1) Are based on the wage rate(s) or material price(s) established and controlled by the government of ---------------- (Offeror insert name of host country), and

(2) Do not include contingency allowances to pay for possible increases in wage rates or material prices.

(End of provision) [77 FR 19131, Mar. 30, 2012]