FAR 19.202-6 Determination of fair market price
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 19.202-6
- Type
- Subsection
- Last amended
- 89 FR 13950 Effective Feb 23, 2024
- 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
(a) The fair market price shall be the price achieved in accordance with the reasonable price guidelines in 15.404-1(b) for-
(1) Total and partial small business set-asides, and reserves (see subpart 19.5);
(2) HUBZone set-asides (see subpart 19.13);
(3) Contracts utilizing the price evaluation preference for HUBZone small business concerns (see subpart 19.13);
(4) Set-asides for SDVOSB concerns eligible under the SDVOSB Program (see subpart 19.14);
(5) Set-asides for EDWOSB concerns and WOSB concerns eligible under the WOSB Program (see subpart 19.15).
(b) For 8(a) contracts, both with respect to meeting the requirement at 19.806(b) and in order to accurately estimate the current fair market price, contracting officers shall follow the procedures at 19.807.
Federal Register history
Sections cited
- FAR 15.404-1(b) Proposal analysis techniques
- FAR Subpart 19.5 Small Business Total Set-Asides, Partial Set-Asides, and Reserves
- FAR Subpart 19.13 Historically Underutilized Business Zone (HUBZone) Program
- FAR Subpart 19.14 Service-Disabled Veteran-Owned Small Business Program
- FAR Subpart 19.15 Women-Owned Small Business Program
- FAR 19.806(b) Pricing the 8(a) contract
- FAR 19.807 Estimating fair market price
Quick answers
What is FAR 19.202-6?
FAR 19.202-6 is a subsection of the Federal Acquisition Regulation, titled "Determination of fair market price".
When was FAR 19.202-6 last changed?
The most recent final rule on record is "Federal Acquisition Regulation: Certification of Service-Disabled Veteran-Owned Small Businesses" (89 FR 13950), published Feb 23, 2024 and effective Feb 23, 2024.
Are changes to FAR 19.202-6 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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