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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) The fair market price shall be the price achieved in accordance with the reasonable price guidelines in 15.404–1(b) for—
(1) Total and partial small business set-asides, and reserves (see subpart 19.5);
(2) HUBZone set-asides (see subpart 19.13);
(3) Contracts utilizing the price evaluation preference for HUBZone small business concerns (see subpart 19.13);
(4) Service-disabled veteran-owned small business set-asides (see subpart 19.14);
(5) Set-asides for EDWOSB concerns and WOSB concerns eligible under the WOSB Program (see subpart 19.15).
(b) For 8(a) contracts, both with respect to meeting the requirement at 19.806(b) and in order to accurately estimate the current fair market price, contracting officers shall follow the procedures at 19.807.
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.19.202-6 Determination of fair market price - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-19-202-6/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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