FAR 29.402-1 Foreign fixed-price contracts
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 29.402-1
- Type
- Subsection
- 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
(a) The contracting officer shall insert the clause at 52.229-6, Taxes-Foreign Fixed-Price Contracts, in solicitations and contracts expected to exceed the simplified acquisition threshold when a fixed-price contract is contemplated and the contract is to be performed wholly or partly in a foreign country, unless it is contemplated that the contract will be with a foreign government.
(b) The contracting officer shall insert the clause at 52.229-7, Taxes-Fixed-Price Contracts with Foreign Governments, in solicitations and contracts that exceed the simplified acquisition threshold when a fixed-price contract with a foreign government is contemplated.
Proposed changes
| Proposed rule | Published | Comments |
|---|---|---|
| Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 5, 24, and 29 | Closed Jul 23, 2026No final rule found |
Sections cited
- FAR 52.229-6 Taxes-Foreign Fixed-Price Contracts
- FAR 52.229-7 Taxes-Fixed-Price Contracts with Foreign Governments
Quick answers
What is FAR 29.402-1?
FAR 29.402-1 is a subsection of the Federal Acquisition Regulation, titled "Foreign fixed-price contracts".
Are changes to FAR 29.402-1 proposed?
One proposed change has no final rule yet.
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