[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR13.103]



[Page 211]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 13_SIMPLIFIED ACQUISITION PROCEDURES--Table of Contents

 

                         Subpart 13.1_Procedures

 

Sec. 13.103  Use of standing price quotations.



    Authorized individuals do not have to obtain individual quotations 

for each purchase. Standing price quotations may be used if--

    (a) The pricing information is current; and

    (b) The Government obtains the benefit of maximum discounts before 

award.