(b)(1) The adequate price competition exception is applicable to both fixed-price and cost-reimbursement type acquisitions. Contracting officers shall assume that all competitive acquisitions qualify for this exception.
(c)(4) Waivers of the requirement for submission of cost or pricing data shall be prepared in accordance with
FAR 1.704. A copy of each waiver shall be sent to the Headquarters Office of Procurement (Code HK).
