§13.103. Use of standing price quotations.
48 C.F.R. § 13.103
Authorized individuals do not have to obtain individual quotations for each purchase. Standing price quotations may be used if—
The pricing information is current; and
The Government obtains the benefit of maximum discounts before award.
Notes, amendments, and revision history
Authority
Authority: 41 U.S.C. 1121(b); 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.
Source
Source: 62 FR 64917, Dec. 9, 1997, unless otherwise noted.