[Code of Federal Regulations] [Title 48, Volume 1] [Revised as of October 1, 2003] From the U.S. Government Printing Office via GPO Access [CITE: 48CFR15.403-2] [Page 259] TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM CHAPTER 1--FEDERAL ACQUISITION REGULATION PART 15_CONTRACTING BY NEGOTIATION--Table of Contents Subpart 15.4_Contract Pricing Sec. 15.403-2 Other circumstances where cost or pricing data are not required. (a) The exercise of an option at the price established at contract award or initial negotiation does not require submission of cost or pricing data. (b) Cost or pricing data are not required for proposals used solely for overrun funding or interim billing price adjustments.