Clause
52.216-5 Price Redetermination-Prospective.
(a) General. The unit prices and the total price stated in this contract shall be periodically redetermined in accordance with this clause, except that (1) the prices for supplies delivered and services performed before the first effective date of price redetermination (see paragraph (c) below) shall remain fixed and (2) in no event shall the total amount paid under this contract exceed any ceiling price included in the contract.
- Type: Clause (C)
- Prescribed in: 16.205-4
- Effective: Jan 2022
- Primary source: eCFR 48 CFR 52.216-5 · acquisition.gov
Text excerpt from the eCFR API; read the full clause at the eCFR link above.