16.203-4(a)(2)(105) ECONOMIC PRICE ADJUSTMENT - ECONOMIC PRICE ADJUSTMENT - MARKET PRICE INDICATORS - SHIPS' BUNKERS - WEEKLY
Insert the Clause 52.216-9075 ECONOMIC PRICE ADJUSTMENT - MARKET PRICE INDICATORS - SHIPS' BUNKERS (JUN 2010) in Energy Supply Chain solicitations and contracts for ships' bunkers solicitations/contracts when market publications will be used for price escalation on a weekly basis.The Contracting Officer shall insert the appropriate ceiling percentage in paragraph (c)(4) as determined by the Chief of the Contracting Office or designee. Explicit approval must be obtained for any ceiling exceeding ten (10) percent in accordance with DLAD 16.203-3 (94).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 market, and publication dates, to ensure the accuracy of the information and the correct selection of the market price.