Code of Federal Regulations · Section
§ 13.103 — 13.103 Use Of Standing Price Quotations
48 C.F.R. § 13.103
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Authorized individuals do not have to obtain individual quotations for each purchase. Standing price quotations may be used if—
(a) The pricing information is current; and
(b) The Government obtains the benefit of maximum discounts before award.
Authorizing Statute
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Administrative40 U.S.C. § 121
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General authority41 U.S.C. § 1121
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Chapter 137 legacy provisions10 U.S.C. § 3016
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Powers of the Administration in performance of functions51 U.S.C. § 20113