# 252.216-7007 Economic price adjustment—basic steel, aluminum, brass, bronze, or copper mill products-representation.
Type: Provision
Prescribed in: 216.203-4-70(a)
Current version date: MAR 2012

## Prescription and Applicability

### DFARS Prescription, 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.

## Current Text

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]

## Active Class Deviations Affecting This Clause

### Class Deviation 2026-O0045, DFARS RFO Implementation (Part 16)
- Status: Active
- Date Issued: 2026-03-16
- Change type: MODIFIED
- Action: Modified by RFO class deviation

## Suggested Questions

You can ask your AI assistant:
- Should I include this provision in my solicitation?
- Does this clause apply to commercial acquisitions?
- Does this clause apply to R&D contracts under Part 35?
- Which alternate should I use for a multiple-award contract?
- Are there any active Class Deviations that modify this clause?
- What changed in the most recent amendment?

---
Source: https://part52.dev
Generated: 2026-04-21 17:40 UTC
Reference: https://www.ecfr.gov/current/title-48/section-252.216-7007