48 C.F.R. · Federal Acquisition Regulations System
48 C.F.R. § 3.501.1

Definition.

Title 48 C.F.R. ● ACTIVE Primary Source
Regulatory Text

48 C.F.R. § 3.501.1 — Definition.

Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Definition. 3.501-1 Section 3.501-1 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION GENERAL IMPROPER BUSINESS PRACTICES AND PERSONAL CONFLICTS OF INTEREST Other Improper Business Practices 3.501–1 Definition. Buying-in as used in this section, means submitting an offer below anticipated costs, expecting to— (1) Increase the contract amount after award (e.g., through unnecessary or excessively priced change orders); or (2) Receive follow-on contracts at artificially high prices to recover losses incurred on the buy-in contract. [48 FR 42108, Sept. 19, 1983, as amended at 66 FR 2127, Jan. 10, 2001]

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BS-CFR48-SEC-4B5E72
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REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
48 C.F.R. § 3.501.1
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CFR — Code of Federal Regulations
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PRIMARY-SOURCE
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The regulatory text of 48 C.F.R. § 3.501.1 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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