[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: 48CFR41.401]

[Page 755]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 41_ACQUISITION OF UTILITY SERVICES--Table of Contents
 
                       Subpart 41.4_Administration
 
Sec.  41.401  Monthly and annual review.


    Agencies shall review utility service invoices on a monthly basis 
and all utility accounts, with annual values exceeding the simplified 
acquisition threshold, on an annual basis. Annual reviews of accounts 
with annual values at or below the simplified acquisition threshold 
shall be conducted when deemed advantageous to the Government. The 
purpose of the monthly review is to ensure the accuracy of utility 
service invoices. The purpose of the annual review is to ensure that the 
utility supplier is furnishing the services to each facility under the 
utility's most economical, applicable rate and to examine competitive 
markets for more advantageous service offerings. The annual review shall 
be based upon the facility's usage, conditions and characteristics of 
service at each individual delivery point for the most recent 12 months. 
If a more advantageous rate is appropriate, the Federal agency shall 
request the supplier to make such rate change immediately.

[59 FR 67018, Dec. 28, 1994, as amended at 60 FR 34759, July 3, 1995]