DEV
This clause is modified by 1 active class deviation
- 2026-O0045 — DFARS RFO Implementation (Part 16)
252.216-7007 Economic price adjustment—basic steel, aluminum, brass, bronze, or copper mill products-representation. As prescribed in 216.203-4-70(a)(2), use the following provision: Economic Price Adjustment—Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products—Representation (MAR 2012) (a) Definitions. The terms "established price" and "unit price," as used in this provision, have the meaning given in the clause 252.216-7000, Economic Price Adjustment—Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products. (b) By submission of its offer, the offeror represents that the unit price stated in this offer for ________________ ( Identify the item ) is not in excess of the offeror's established price in effect on the date set for opening of bids (or the contract date if this is to be a negotiated contract) for like quantities of the same item. This price is the net price after applying any applicable standard trade discounts offered by the offeror from its catalog, list, or schedule price. (End of provision) [77 FR 19131, Mar. 30, 2012]
RFO
Prescription superseded under the RFO
The prescription shown below is from the codified eCFR. The Revolutionary FAR Overhaul relocates this clause's prescription as follows:
-
216.203-4-70→216.203-470(prescriptive text also revised)
See the deviation memorandum for the current prescription authority.
View deviation: 2026-O0045 →R-DFARS Prescription Source
This clause is prescribed in the R-DFARS by the following deviation:
-
2026-O0045
— DFARS RFO Implementation (Part 16)
(DFARS Part 216)
Add clause 252.216-7007
216.203-4-70(a)
(a) Price adjustment for basic steel, aluminum, brass, bronze, or copper mill products.
(1) (i) The price adjustment clause at 252.216-7000, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products, may be used in fixed-price supply solicitations and contracts for basic steel, aluminum, brass, bronze, or copper mill products, such as sheets, plates, and bars, when an established catalog or market price exists for the particular product being acquired.
(ii) The 10 percent figure in paragraph (d)(1) of the clause shall not be exceeded unless approval is obtained at a level above the contracting officer.
(2) Use the price adjustment provision at 252.216-7007, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products--Representation, in solicitations that include the clause at 252.216-7000, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products.
(1) (i) The price adjustment clause at 252.216-7000, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products, may be used in fixed-price supply solicitations and contracts for basic steel, aluminum, brass, bronze, or copper mill products, such as sheets, plates, and bars, when an established catalog or market price exists for the particular product being acquired.
(ii) The 10 percent figure in paragraph (d)(1) of the clause shall not be exceeded unless approval is obtained at a level above the contracting officer.
(2) Use the price adjustment provision at 252.216-7007, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products--Representation, in solicitations that include the clause at 252.216-7000, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products.
Prescription data sourced from eCFR as of 2026-06-10 03:16 UTC.
Cross-references within the prescription are not resolved automatically.
Regulatory Stack
The layers of regulation that govern this clause, from the FAR prescription through agency-specific supplements and any active deviations.
R-DFARS
R-DFARS Prescription
Per Deviation 2026-O0045 (DFARS Part 216)
2026-O0045: DFARS RFO Implementation (Part 16) — DFARS Part 216
DFARS
DFARS Supplement (eCFR)
⚠ May be superseded by RFO
216.203-4-70(a)
(a) Price adjustment for basic steel, aluminum, brass, bronze, or copper mill products.
(1) (i) The price adjustment clause at 252.216-7000, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products, may be used in fixed-price supply solicitations and contracts for basic steel, aluminum, brass, bronze, or copper mill products, such as sheets, plates, and bars, when an established catalog or market price exists for the particular product being acquired.
(ii) The 10 percent figure in paragraph (d)(1) of the clause shall not be exceeded unless approval is obtained at a level above the contracting officer.
(2) Use the price adjustment provision at 252.216-7007, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products--Representation, in solicitations that include the clause at 252.216-7000, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products.
(1) (i) The price adjustment clause at 252.216-7000, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products, may be used in fixed-price supply solicitations and contracts for basic steel, aluminum, brass, bronze, or copper mill products, such as sheets, plates, and bars, when an established catalog or market price exists for the particular product being acquired.
(ii) The 10 percent figure in paragraph (d)(1) of the clause shall not be exceeded unless approval is obtained at a level above the contracting officer.
(2) Use the price adjustment provision at 252.216-7007, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products--Representation, in solicitations that include the clause at 252.216-7000, Economic Price Adjustment--Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products.
Version History
Version history is sourced from the codified eCFR. Changes published only as class deviations or by the Revolutionary FAR Overhaul do not appear here until they are incorporated into the eCFR. For RFO-driven changes see the RFO Version tab and any active deviations cited above.
2 versions tracked from 2016-12-22 to 2022-05-26.
MAY 2022
May 26, 2022
CURRENT
Removed in this version
Added in this version
Unchanged
DEC 2016 (previous)
MAY 2022 (current)
1 added, 3 removed
(a)
(a) Definitions. The terms "established price" and "unit price," as used in this provision, have the meaning given in the clause 252.216-7000, Economic Price Adjustment - Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products.
(a)
(a) Definitions. The terms "established price" and "unit price," as used in this provision, have the meaning given in the clause 252.216-7000, Economic Price Adjustment—Basic Steel, Aluminum, Brass, Bronze, or Copper Mill Products.
1 added, 1 removed
(b)
(b) By submission of its offer, the offeror represents that the unit price stated in this offer for ________ (Identify the item) is not in excess of the offeror's established price in effect on the date set for opening of bids (or the contract date if this is to be a negotiated contract) for like quantities of the same item. This price is the net price after applying any applicable standard trade discounts offered by the offeror from its catalog, list, or schedule price. (End of provision)
(b)
(b) By submission of its offer, the offeror represents that the unit price stated in this offer for ________________ (Identify the item) is not in excess of the offeror's established price in effect on the date set for opening of bids (or the contract date if this is to be a negotiated contract) for like quantities of the same item. This price is the net price after applying any applicable standard trade discounts offered by the offeror from its catalog, list, or schedule price. (End of provision)
DEC 2016
December 22, 2016
SUBSTANTIVE
Earliest version available from the eCFR
Active Class Deviations
Related Clauses
References
Use with AI assistant
Copy a link and prompt for use with Gemini or another AI assistant.