2025年1月17日 · Economic Price Adjustment-Labor and Material (Jan 2017) (a) The Contractor shall notify the Contracting Officer if, at any time during contract performance, the rate of pay for labor (including fringe benefits) or the unit prices for material shown in the Schedule either increase or decrease.

2025年1月17日 · Economic price adjustments are of three general types: (1) Adjustments based on established prices. These price adjustments are based on increases or decreases from an agreed-upon level in published or otherwise established prices …

2025年1月17日 · 16.203 Fixed-price contracts with economic price adjustment. 16.203 Fixed-price contracts with economic price adjustment. 16.203-1 Description. 16.203-2 Application. 16.203-3 Limitations. 16.203-4 Contract clauses. Parent topic: Subpart 16.2 - …

Economic Price Adjustment-Standard Supplies (Nov 2021) (a) The Contractor warrants that the unit price stated in the Schedule for ____________ [ offeror insert Schedule line item number ] is not in excess of the Contractor’s applicable established price in effect on the contract date for like quantities of the same item.

2025年1月17日 · The contracting officer should consider using an economic price adjustment clause based on cost indexes of labor or material under the circumstances and subject to approval as described in paragraphs (d)(1) and (d)(2) of this section.

This contract provides for economic price adjustment (EPA) to contract pricing based on the established EPA method. EPA provides for the increase and decrease to stated contract pricing upon the occurrence of specified conditions described in the EPA method, such as market index changes or unforeseeable significant changes in market conditions.

2025年1月17日 · (b) Government proposes economic price adjustment. (1) When an invitation contains an economic price adjustment clause and no bidder takes exception to the provisions, bids shall be evaluated on the basis of the quoted prices without the allowable economic price adjustment being added.

Contracting officers should use caution when incorporating Economic Price Adjustment (EPA) provisions in contracts. EPA provisions can result in significant and unanticipated price increases which can have major adverse impacts to a program.

Economic Price Adjustment-Labor and Material (Jan 2017) (a) The Contractor shall notify the Contracting Officer if, at any time during contract performance, the rate of pay for labor (including fringe benefits) or the unit prices for material shown in the Schedule either increase or decrease.

(a) A fixed-price contract with economic price adjustment provides for upward and downward revision of the stated contract price upon the occurrence of specified contingencies. Economic price adjustments are of three general types: (1) Adjustments based on established prices.