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For significant inflation, especially over a sustained time period where there may be multiple adjustments, the superior approach seems to be an Agency-designed clause which relies upon a cost index. The Federal Supply Schedule (“FSS”) provides a third EPA clause, I-FSS-969 (Economic Price Adjustment—FSS Multiple Award Schedule (OCT 2014)).
This opportunity allows industry to submit white papers at any time that are aligned with one of the DPA’s areas of focus, including sustaining critical production, commercializing research and development investments, and scaling emerging technologies. The office has been conducting listening sessions with industry to gather feedback.
These include: (1) negotiations only with the best suited offeror (i.e., the apparent successful offeror); (2) use of the highest rated offeror best value methodology; and (3) the determination of a fair and reasonable price. B-402138 (Jan 2010). [20] 152(3)(B) and FAR §§ 8.404(d) and 8.405-3(a)(1)-(2). [14] 16] See FN 10. [17]
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