Code of Federal Regulations · Section
§ 14.104 — 14.104 Types Of Contracts
48 C.F.R. § 14.104
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Firm-fixed-price contracts shall be used when the method of contracting is sealed bidding, except that fixed-price contracts with economic price adjustment clauses may be used if authorized in accordance with 16.203 when some flexibility is necessary and feasible. Such clauses must afford all bidders an equal opportunity to bid.
Authorizing Statute
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Powers of the Administration in performance of functions51 U.S.C. § 20113
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Administrative40 U.S.C. § 121
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Chapter 137 legacy provisions10 U.S.C. § 3016