[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: 48CFR14.104]



[Page 226]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 14_SEALED BIDDING--Table of Contents

 

                   Subpart 14.1_Use of Sealed Bidding

 

Sec. 14.104  Types of contracts.



    Firm-fixed-price contracts shall be used when the method of 

contracting is sealed bidding, except that fixed-price contracts with 

economic price adjustment clauses may be used if authorized in 

accordance with 16.203 when some flexibility is necessary and feasible. 

Such clauses must afford all bidders an equal opportunity to bid.



[48 FR 42171, Sept. 19, 1983, as amended at 50 FR 1737, Jan. 11, 1985; 

50 FR 52429, Dec. 23, 1985]