16.203-4(a)(2)(103) ECONOMIC PRICE ADJUSTMENT (EPA) DAILY MARKET PRICE INDICATORS (SHIPS' BUNKERS).
Insert the clause 52.216-9070 ECONOMIC PRICE ADJUSTMENT - DAILY MARKET PRICE INDICATORS (SHIPS' BUNKERS) (MAY 2010) in Energy Supply Chain solicitations and resulting contracts when a daily economic price adjustment escalator is used. The Contracting Officer shall insert the appropriate ceiling percentage in paragraph (c)(4) as determined by the Chief of the Contracting Officer or designee. Explicit approval must be obtained for any ceiling exceeding (10) percent in accordance with DLAD 16.203-3(94). Requires buyer fill-ins at paragraph (c)(4) and (f). The buyer shall coordinate with the Market Research Section (DLA Energy ( formerly DESC )-RN) before completion of fill in the blank information sections of the clause such as base reference price, and publication dates to ensure the accuracy of information and the correct selection of the market (reference price).