C.F.R. » Title 48 » CHAPTER 1—FEDERAL ACQUISITION REGULATION › SUBCHAPTER C—CONTRACTING METHODS AND CONTRACT TYPES › PART 13—SIMPLIFIED ACQUISITION PROCEDURES › Subpart 13.1—Procedures

48 C.F.R. § 13.103

13.103 Use of standing price quotations.

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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.