215.403  Obtaining certified cost or pricing data.

16.  The 215.403 section heading is revised to read as follows:

215.403  Obtaining certified cost or pricing data.

17.  Section 215.403-1 is amended by revising paragraph (c)(1) to read as follows:

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(c)  Standards for exceptions from certified cost or pricing data requirements--(1) Adequate price competition.

(A)  For acquisitions under dual or multiple source programs--

(1)  The determination of adequate price competition must be made on a case-by-case basis. Even when adequate price competition exists, in certain cases it may be appropriate to obtain additional information to assist in price analysis.

(2)  Adequate price competition normally exists when--

(i)  Prices are solicited across a full range of step quantities, normally including a 0-100 percent split, from at least two offerors that are individually capable of producing the full quantity; and

(ii)  The reasonableness of all prices awarded is clearly established on the basis of price analysis (see FAR 15.404-1(b)).

(B)  If only one offer is received in response to a competitive solicitation, see 215.371-3.

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