[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: 48CFR41.401]



[Page 779]

 

            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]