48 CFR 52.225-17 - 52.225-17 Evaluation of Foreign Currency Offers.

Regulations last checked for updates: May 16, 2024

Title 48 - Federal Acquisition Regulations System last revised: May 14, 2024

View all text of Subpart 52.2 [52.200 - 52.253-1]

52.225-17 - 52.225-17 Evaluation of Foreign Currency Offers.

As prescribed in 25.1103(c), insert the following provision:

Evaluation of Foreign Currency Offers (FEB 2000)

If the Government receives offers in more than one currency, the Government will evaluate offers by converting the foreign currency to United States currency using [Contracting Officer to insert source of rate] in effect as follows:

(a) For acquisitions conducted using sealed bidding procedures, on the date of bid opening.

(b) For acquisitions conducted using negotiation procedures—

(1) On the date specified for receipt of offers, if award is based on initial offers; otherwise

(2) On the date specified for receipt of proposal revisions.

(End of provision) [64 FR 72441, Dec. 27, 1999, as amended at 72 FR 63090, Nov. 7, 2007]

authority: 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.

source: 48 FR 42478, Sept. 19, 1983, unless otherwise noted.

cite as: 48 CFR 52.225-17