DFARS 241.201 — Policy
Regulatory text. Not legal advice.
(2) Purchases of utility services outside the United States may use—
(i) Formats and technical provisions consistent with local practice; and
(ii) Dual language forms and contracts.
(3) Rates established by an independent regulatory body—
(i) Are considered “prices set by law or regulation”;
(ii) Are sufficient to set prices without obtaining certified cost or pricing data (see FAR Subpart 15.4); and
(iii) Are a valid basis on which prices can be determined fair and reasonable.
(4) Compliance with the regulations, practices, and decisions of independent regulatory bodies as a matter of comity is not a substitute for the procedures at FAR 41.202(a).
Citation history: [71 FR 3418, Jan. 23, 2006, as amended at 77 FR 76940, Dec. 31, 2012]
Source: eCFR • Pulled 2026-04-16