Regulations last checked for updates: May 19, 2024

Title 48 - Federal Acquisition Regulations System last revised: May 14, 2024
538.271 - 538.271 FSS contract awards.

(a) FSS awards will be for commercial products and commercial services.

(b) Before awarding any FSS contract, determine that the offered prices are fair and reasonable (see FAR subpart 15.4 and 538.270). Document the negotiation and your determination using FAR 15.406-3 as guidance.

[64 FR 37227, July 9, 1999, as amended at 81 FR 41137, June 23, 2016; 84 FR 17039, Apr. 23, 2019; 86 FR 68443, Dec. 2, 2021]
authority: 40 U.S.C. 121(c)
source: 64 FR 37227, July 9, 1999, unless otherwise noted.
cite as: 48 CFR 538.271