An In-Depth Examination of Inflation Relief for a Government Contractor
Procurement Notes
OCTOBER 10, 2022
FAR 52.216-2 (Economic Price Adjustment-Standard Supplies (NOV 2021)) and 52.216-3 (Economic Price Adjustment-Semistandard Supplies (NOV 2021)) provide an adjustment based upon a change to a contractor’s established pricing. And, in any event, it provides more inflation insulation than a plain fixed-price contract.
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