FAR 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.
Source: acquisition.gov — FAR
More parts
Have a solicitation to win?
Paste it into the free Contrax bid scorer — get an AI win-probability score with the FAR clauses that matter, in seconds. No signup required.