Skip to main content
Find a Lawyer

41 U.S.C. § 3312 - U.S. Code - Unannotated Title 41. Public Contracts § 3312. Database on price trends of items and services under Federal contracts

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Database required.

The Administrator shall establish and maintain a database of information on price trends for items and services under contracts with the Federal Government. The information in the database shall be designed to assist Federal acquisition officials in the following:

(1) Monitoring developments in price trends for items and services under contracts with the Federal Government.

(2) Conducting price or cost analyses for items and services under offers for contracts with the Federal Government, or otherwise conducting determinations of the reasonableness of prices for items and services under such offers, and addressing unjustified escalation in prices being paid by the Federal Government for items and services under contracts with the Federal Government.

(b) Use.

(1) The database under subsection (a) shall be available to executive agencies in the evaluation of offers for contracts with the Federal Government for items and services.

(2) The Secretary of Defense may satisfy the requirements of this section by complying with the requirements of section 892  1 of the Ike Skelton National Defense Authorization Act for Fiscal Year 2011 (10 U.S.C. 2306a note).

1 Repealed by Pub.L. 114-92, Div. A, Title X, § 1073(f), Nov. 25, 2015, 129 Stat. 996; see References in Text note set out under this section.
Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - 41 U.S.C. § 3312 - U.S. Code - Unannotated Title 41. Public Contracts § 3312. Database on price trends of items and services under Federal contracts - last updated January 01, 2024 | https://codes.findlaw.com/us/title-41-public-contracts/41-usc-sect-3312/

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.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard