FAR 19.202-6 — Determination of fair market price
Regulatory text. Not legal advice.
(a)
(a) The fair market price shall be the price achieved in accordance with the reasonable price guidelines in FAR 15.404-1(b) for—
(1) Total and partial small business set-asides, and reserves (see FAR Subpart 19.5);
(2) HUBZone set-asides (see FAR Subpart 19.13);
(3) Contracts utilizing the price evaluation preference for HUBZone small business concerns (see FAR Subpart 19.13);
(4) Set-asides for SDVOSB concerns eligible under the SDVOSB Program (see FAR Subpart 19.14); and
(5) Set-asides for EDWOSB concerns and WOSB concerns eligible under the WOSB Program (see FAR Subpart 19.15).
(b)
(b) For 8(a) contracts, both with respect to meeting the requirement at FAR 19.806(b) and in order to accurately estimate the current fair market price, contracting officers shall follow the procedures at FAR 19.807.
Citation history: [52 FR 38189, Oct. 14, 1987, as amended at 53 FR 43390, Oct. 26, 1988; 54 FR 46005, Oct. 31, 1989; 62 FR 51270, Sept. 30, 1997; 63 FR 35722, June 30, 1998; 63 FR 70268, Dec. 18, 1998; 69 FR 25276, May 5, 2004; 76 FR 18309, Apr. 1, 2011; 79 FR 61750, Oct. 14, 2014; 85 FR 11759, Feb. 27, 2020; 89 FR 13956, Feb. 23, 2024]
Source: eCFR • Pulled 2026-04-16