Official text of 3052.216-70
As prescribed in (HSAR) 48 CFR 3016.203-470, insert a provision substantially the same as the following:
Evaluation of Offers Subject to an Economic Price Adjustment Clause (JUN 2006)
Offers shall be evaluated without adding an amount for an economic price adjustment. Offers may be rejected which: (1) Increase the stipulated ceiling; (2) limit the downward adjustment; or (3) delete the economic price adjustment clause. If the offer stipulates a ceiling lower than that included in the solicitation, the lower ceiling will be incorporated into any resulting contract.
(End of provision)
Where it's prescribed
As prescribed in (HSAR) 48 CFR 3016.203-470, insert a provision substantially the same as the following:
Verifying this text
The text above is reproduced verbatim from GSA's published source files for the Homeland Security supplement. The controlling version is the one in the Code of Federal Regulations: 3052.216-70 on eCFR.