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part52.dev Federal Acquisition Clause Monitor
This PGI section supplements: DFARS 225.7303 · FAR 25.7303
The corresponding FAR Part 25 and DFARS Part 225 have been overhauled under the RFO. PGI replacement text is provided in the RFO deviation attachment. View FAR Part 25

Current Content

(a) Price FMS contracts using the same principles used in pricing other defense contracts. However, application of the pricing principles in FAR Parts 15 and 31 to an FMS contract may result in prices that differ from other defense contract prices for the same item due to the considerations in this section.

(b) If the foreign government has conducted a competition resulting in adequate price competition (see FAR 15.403-1(b)(1)), the contracting officer shall not require the submission of certified cost or pricing data. The contracting officer should consult with the foreign government through security assistance personnel to determine if adequate price competition has occurred.

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