FAR 52.225-17 - Evaluation of Foreign Currency Offers
Prescribed in 25.1103(c) | |
Effective Date: | 1 December 2014 |
Clause or Provision: | Provision |
Provision or Clause Number: | 52.225-17 - Evaluation of Foreign Currency Offers |
Principle Type And/Or Purpose of Contract: | |
Required: | |
Applicable: | Time and Materials/Labor Hour; Facilities; Architect-Engineering; Dismantling, Demolition or Removal of Improvements; Fixed Price, Supply; Cost Reimbursement, Supply; Communication Services; Leasing of Motor Vehicles; Time & Material/Labor Hour; Cost Reimbursement, Construction; Fixed Price, Construction; Cost Reimbursement, Service; Fixed Price, Service; Cost Reimbursement, R&D; Fixed Price, R&D; Indefinite Delivery; Transportation; Simplified Acquisition Procedures (Excludes Micro-Purchase); Utility Services; Commercial Items |
Optional: | |
Subject: | |
ProcurementType: | |
Contract Threshold: | |
Prescription Overview: | |
Clause Overview: |
If the Government receives offers in more than one currency, the Government will evaluate offers by converting the foreign currency to United States currency using [Contracting Officer to insert source of rate] in effect as follows[1]: Sealed BiddingFor acquisitions conducted using sealed bidding procedures, on the date of bid opening. Negotiation ProceduresFor acquisitions conducted using negotiation procedures—
References and Notes
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Important Notes/Requirements: | |
Subcontract Threshold: | |
Incorporated by Reference: | Yes |
Uniform Contract Format: | M |
Editor: | Marshall |
Personal notes.
Edits needed