FAR 16.206-3 Limitations
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 16.206-3
- Type
- Subsection
- Last amended
- 85 FR 40064 Effective Aug 31, 2020
- Proposed changes
- 1
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.
Text
This contract type shall not be used unless-
(a) The contract is for research and development and the estimated cost is the simplified acquisition threshold or less;
(b) The contractor’s accounting system is adequate for price redetermination;
(c) There is reasonable assurance that the price redetermination will take place promptly at the specified time; and
(d) The head of the contracting activity (or a higher-level official, if required by agency procedures) approves its use in writing.
Federal Register history
Proposed changes
| Proposed rule | Published | Comments |
|---|---|---|
| Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 16, 17, and 35 | Closed Oct 19, 2026No final rule found |
Quick answers
What is FAR 16.206-3?
FAR 16.206-3 is a subsection of the Federal Acquisition Regulation, titled "Limitations".
When was FAR 16.206-3 last changed?
The most recent final rule on record is "Federal Acquisition Regulation: Increased Micro-Purchase and Simplified Acquisition Thresholds" (85 FR 40064), published Jul 2, 2020 and effective Aug 31, 2020.
Are changes to FAR 16.206-3 proposed?
One proposed change has no final rule yet.
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