C.F.R. » Title 48 » CHAPTER 1—FEDERAL ACQUISITION REGULATION › SUBCHAPTER C—CONTRACTING METHODS AND CONTRACT TYPES › PART 16—TYPES OF CONTRACTS › Subpart 16.2—Fixed-Price Contracts

48 C.F.R. § 16.203-3

16.203-3 Limitations.

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A fixed-price contract with economic price adjustment shall not be used unless the contracting officer determines that it is necessary either to protect the contractor and the Government against significant fluctuations in labor or material costs or to provide for contract price adjustment in the event of changes in the contractor's established prices.

Notes of Decisions
Cited in 4 cases, 1999–2005 · leading case: Tesoro Hawaii Corp., Tesoro Alaska Co. & Hermes Consol., Inc., D/B/A Wyoming Refining Co. v. United States, 405 F.3d 1339 (Fed. Cir. 2005).
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Tesoro Hawaii Corp., Tesoro Alaska Co. & Hermes Consol., Inc., D/B/A Wyoming Refining Co. v. United States, 405 F.3d 1339 (Fed. Cir. 2005). · cites it 2× “48 C.F.R. § 16.203-3 (1994). The interplay of § 16.”
Hermes Consol., Inc. v. United States, 58 Fed. Cl. 3 (Fed. Cl. 2003). “48 C.F.R. § 16.203-3 (2003). Plaintiffs argument stemming from this section was simple: the EPA clauses in their contracts were not drafted “to protect the contractor and the government against significant fluctuations in labor or material costs or to provide for contract price…”
Gold Line Refining, Ltd. v. United States, 43 Fed. Cl. 291 (Fed. Cl. 1999). · cites it 2× “See 48 C.F.R. § 16.203-3 (1993). Gold Line claims that Clause B 19.”
Tesoro Hawaii Corp. v. United States (Fed. Cir. 2005). “48 C.F.R. § 16.203-3 (1994). The interplay of § 16.”
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