48 CFR § 252.216-7008

48 CFR · Federal Acquisition Regulations System

§ 252.216-7008 — Economic price adjustment—wage rates or material prices controlled by a foreign government—representation.

TitleTitle 48: Federal Acquisition Regulations System PartPart 252: Solicitation Provisions and Contract Clauses

SourceeCFR (current through Apr 2, 2026)

This text of 48 C.F.R. § 252.216-7008 (Economic price adjustment—wage rates or material prices controlled by a foreign government—representation.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

48 C.F.R. § 252.216-7008 (2026).

Text

252.216-7008 Economic price adjustment—wage rates or material prices controlled by a foreign government—representation. As prescribed in 216.203-4-70(c)(2), use the following provision: Economic Price Adjustment—Wage Rates or Material Prices Controlled by a Foreign Government—Representation (MAR 2012)

(a)By submission of its offer, the offeror represents that the prices set forth in this offer—

(1)Are based on the wage rate(s) or material price(s) established and controlled by the government of ________________ (Offeror insert name of host country), and

(2)Do not include contingency allowances to pay for possible increases in wage rates or material prices. (End of provision) [77 FR 19131, Mar. 30, 2012]

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252.216-7008 Economic price adjustment—wage rates or material prices controlled by a foreign government—representation.

As prescribed in 216.203-4-70(c)(2), use the following provision:

Economic Price Adjustment—Wage Rates or Material Prices Controlled by a Foreign Government—Representation (MAR 2012)
(a) By submission of its offer, the offeror represents that the prices set forth in this offer—

(1) Are based on the wage rate(s) or material price(s) established and controlled by the government of ________________ (Offeror insert name of host country), and

(2) Do not include contingency allowances to pay for possible increases in wage rates or material prices.

(End of provision) [77 FR 19131, Mar. 30, 2012]