Reference

More Resources

 

Section 5452.214-9008: Rounding Off of Offer and Award Prices

As prescribed in 14.302-91 insert the following clause:

ROUNDING OFF OF OFFER AND AWARD PRICES (AUG 2008) - DLAD

Unit prices shall be limited to a maximum of five decimal places. For evaluation and award purposes, offers containing a unit price of more than five decimal places shall be rounded off to five decimal places. For administrative purposes, the extended line item and total dollar amounts will be rounded to two decimal places and may not precisely reflect the quantity (ies) times the unit prices(s). Payment shall be accomplished on a unit price basis.

(End of Clause)

52.214-9008 Alternate I Rounding Off of Offer and Award Prices Alternate I

As prescribed in 14.302-91 insert the following clause:

In lieu of five decimal places, unit prices shall be limited to a maximum of two decimal places. For evaluation and award purposes, offerors containing a unit price of more than two decimal places shall be rounded off to two decimal places, as follows:

    $0.01 to $0.104 = $0.10

    $0.105 to $0.109 = $0.11

    $0.111 to $0.114 = $0.11

    $0.115 to $0.119 = $0.12, etc

(End of Clause)




Warning: require(/home/simplyauto/www/includes/site_footer.php): failed to open stream: Permission denied in /home/simplyauto/www/regs/fars/section.php on line 347

Fatal error: require(): Failed opening required '../../includes/site_footer.php' (include_path='.:/usr/local/lib/php') in /home/simplyauto/www/regs/fars/section.php on line 347