FAR 13.103 — Use of standing price quotations
Regulatory text. Not legal advice.
Authorized individuals do not have to obtain individual quotations for each purchase. Standing price quotations may be used if—
(a)
(a) The pricing information is current; and
(b)
(b) The Government obtains the benefit of maximum discounts before award.
Source: eCFR • Pulled 2026-04-16