Clause
52.214-27 Price Reduction for Defective Certified Cost or Pricing Data-Modifications-Sealed Bidding.
(a) This clause shall become operative only for any modification to this contract involving aggregate increases and/or decreases in costs, plus applicable profits, expected to exceed the threshold for the submission of certified cost or pricing data in Federal Acquisition Regulation (FAR) 15.403-4(a)(1) on the date of execution of the modification, except that this clause does not apply to a modification if an exception under FAR 15.403-1(b) applies.
- Type: Clause (C)
- Prescribed in: 14.201-7(b)
- Effective: Jun 2020
- Primary source: eCFR 48 CFR 52.214-27 · acquisition.gov
Text excerpt from the eCFR API; read the full clause at the eCFR link above.