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48 CFR 252.216-7007

252.216-7007 Economic price adjustment—basic steel, aluminum, brass, bronze, or copper mill products-representation.

United States · 48 CFR — Federal Acquisition Regulations System · Status: effective

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48 CFR 252.216-7007, 252.216-7007 Economic price adjustment—basic steel, aluminum, brass, bronze, or copper mill products-representation, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/244580
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As prescribed in 216.203-4-70(a)(2), use the following provision: (a) Definitions. The terms “established price” and “unit price,” as used in this provision, have the meaning given in the clause 252.216-7000, Economic Price Adjustment—Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products. (b) By submission of its offer, the offeror represents that the unit price stated in this offer for ________________ (Identify the item) is not in excess of the offeror's established price in effect on the date set for opening of bids (or the contract date if this is to be a negotiated contract) for like quantities of the same item. This price is the net price after applying any applicable standard trade discounts offered by the offeror from its catalog, list, or schedule price.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.