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FARS

Section 5412.207: Contract type.

(90) Indefinite-delivery contracts may also provide for economic price adjustment using a locally developed clause to set firm contract prices based on prevailing established catalog or market prices in accordance with FAR 16.501-2(c),

(91) See DLAD 16.601 (90) for additional requirements concerning use of time and material/labor hour clins, contracts, or task orders for commercial services.




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