[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: 48CFR15.403-2]



[Page 269-270]

 

            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.



[[Page 270]]



    (b) Cost or pricing data are not required for proposals used solely 

for overrun funding or interim billing price adjustments.