DFARS 252.215-7000 Pricing Adjustments

From Knowledge base
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Prescribed in 215.408(1)

Effective Date:1 December 2012
Clause or Provision:Clause
Provision or Clause Number:S 252.215-7000 Pricing Adjustments

Principle Type And/Or Purpose of Contract:
Required:
Applicable:
Optional:
Subject:
ProcurementType:
Contract Threshold:
Prescription Overview:

Prescription

(1) Use the clause at 252.215-7000, Pricing Adjustments, in solicitations and contracts that contain the clause at --


(i) FAR 52.215-11, Price Reduction for Defective Certified Cost or Pricing Data--Modifications;


(ii) FAR 52.215-12, Subcontractor Certified Cost or Pricing Data; or


(iii) FAR 52.215-13, Subcontractor Certified Cost or Pricing Data--Modifications.
Clause Overview:

Clause

PRICING ADJUSTMENTS (DEC 2012)

The term “pricing adjustment,” as used in paragraph (a) of the clauses entitled “Price Reduction for Defective Certified Cost or Pricing Data–Modifications,” “Subcontractor Certified Cost or Pricing Data,” and “Subcontractor Certified Cost or Pricing Data– Modifications,” means the aggregate increases and/or decreases in cost plus applicable profits.

Important Notes/Requirements:
Subcontract Threshold:
Incorporated by Reference:Yes
Uniform Contract Format:
Editor:Marshall

Personal notes.

Contingent Clauses 52.215-11,12, 13