[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: 48CFR31.106-3]



[Page 598]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 31_CONTRACT COST PRINCIPLES AND PROCEDURES--Table of Contents

 

                       Subpart 31.1_Applicability

 

Sec. 31.106-3  Contractor's commercial items.



    If facilities constituting the contractor's usual commercial items 

(or only minor modifications thereof) are acquired by the Government 

under the contract, the Government shall not pay any amount in excess of 

the contractor's most favored customer price or the price of other 

suppliers for like quantities of the same or substantially the same 

items, whichever is lower.



[48 FR 42301, Sept. 19, 1983, as amended at 60 FR 48248, Sept. 18, 1995]