48 CFR 13.103 - Use of standing price quotations.

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Title 48: Federal Acquisition Regulations System

CHAPTER 1: FEDERAL ACQUISITION REGULATION

SUBCHAPTER C: CONTRACTING METHODS AND CONTRACT TYPES

PART 13: SIMPLIFIED ACQUISITION PROCEDURES

Subpart 13.1: Procedures

13.103 - Use of standing price quotations.

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.

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