Clause
52.216-2 Economic Price Adjustment-Standard Supplies.
(a) The Contractor warrants that the unit price stated in the Schedule for ____ [offeror insert Schedule line item number] is not in excess of the Contractor's applicable established price in effect on the contract date for like quantities of the same item. The term unit price excludes any part of the price directly resulting from requirements for preservation, packaging, or packing beyond standard commercial practice. The term established price means a price that (1) is an established catalog or market price for a commercial product sold in substantial quantities to the general public, and (2
- Type: Clause (C)
- Prescribed in: 16.203-4(a)
- Effective: Nov 2021
- Primary source: eCFR 48 CFR 52.216-2 · acquisition.gov
Text excerpt from the eCFR API; read the full clause at the eCFR link above.