This text is not in eCFR or DITA. It is extracted from the Revolutionary FAR Overhaul deviation guide for FAR Part 16. The parsed text is a convenience layer; the Source PDF tab is authoritative. Always verify against the official deviation PDF.
As prescribed in 216.203-470(c). See the Prescription tab for the prescribing policy text.
ECONOMIC PRICE ADJUSTMENT—WAGE RATES OR MATERIAL PRICES CONTROLLED BY A FOREIGN GOVERNMENT—REPRESENTATION (MAR 2012)
- (a) By submission of its offer, the offeror represents that the prices set forth in this offer—
- (1) Are based on the wage rate(s) or material price(s) established and controlled by the government of __________________________ (Offeror insert name of host country); and
- (2) Do not include contingency allowances to pay for possible increases in wage rates or material prices.
Prescription: 216.203-470 Additional provisions and clauses
As prescribed in 216.203-470(c). Scope applicability here before applying the provision.
- (c) Price adjustment for wage rates or material prices controlled by a foreign government.
- (1)
- (i) Contracting officers may insert the price adjustment clause at 252.2167003, Economic Price Adjustment—Wage Rates or Material Prices Controlled by a Foreign Government, in fixed-price supply and service solicitations and contracts when
- (A) The contract is to be performed wholly or in part in a foreign country; and
- (B) A foreign government controls wage rates or material prices and may, during contract performance, impose a mandatory change in wages or prices of material.
- (ii) Verify the base wage rates and material prices prior to contract award and prior to making any adjustment in the contract price.
- (i) Contracting officers may insert the price adjustment clause at 252.2167003, Economic Price Adjustment—Wage Rates or Material Prices Controlled by a Foreign Government, in fixed-price supply and service solicitations and contracts when
- (2) Insert the provision at 252.216-7008, Economic Price Adjustment–Wage Rates or Material Prices Controlled by a Foreign Government—Representation, in solicitations that include the clause at 252.216-7003, Economic Price Adjustment–Wage Rates or Material Prices Controlled by a Foreign Government. If the solicitation includes the provision at FAR 52.204-7, do not separately list the provision 252.2167008 in the solicitation. Defense FAR Supplement (DFARS) Part 216
- (1)
Version history
One version on record, first captured 2026-06-11 15:47:46, effective March 16, 2026.
Prescription: 216.203-470
Prescribing text cropped from the same deviation PDF.
Provision text (page 21)
Rendered from the deviation PDF. Open the full PDF.
