§616.203-4. Contract clauses.
48 C.F.R. § 616.203-4
Contracting officers at domestic contracting activities may use an economic price adjustment clause based on cost indexes of labor or material in accordance with the circumstances listed in FAR 16.203-4(d) and after obtaining the approval of the head of the contracting activity. Overseas posts may use the clause at 652.216-71, Price Adjustment, when procuring continuing services (e.g., guard, janitorial, building maintenance, and gardening). Posts shall obtain A/OPE approval for any price adjustment clause that differs from the clause at 652.216-71.
Notes, amendments, and revision history
Amendments
[53 FR 26169, July 11, 1988, as amended at 59 FR 66759, Dec. 28, 1994]
Authority
Authority: 22 U.S.C. 2651a, 40 U.S.C. 121(c) and 48 CFR chapter 1.
Source
Source: 53 FR 26169, July 11, 1988, unless otherwise noted.
Amendments
[53 FR 26169, July 11, 1988, as amended at 59 FR 66759, Dec. 28, 1994]