FAR 50.103-1 General
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 50.103-1
- Type
- Subsection
- Last amended
- 72 FR 63027 Effective Nov 7, 2007
- 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
The fact that losses occur under a contract is not sufficient basis for exercising the authority conferred by Pub. L. 85-804. Whether appropriate action will facilitate the national defense is a judgment to be made on the basis of all of the facts of the case. Although it is impossible to predict or enumerate all the types of cases in which action may be appropriate, examples are included in 50.103-2. Even if all of the factors in any of the examples are present, other considerations may warrant denying a contractor's request for contract adjustment. The examples are not intended to exclude other cases in which the approving authority determines that the circumstances warrant action.
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Federal Acquisition Regulation; FAR Case 2006-023, SAFETY Act: Implementation of DHS Regulations |
Sections cited
- FAR 50.103-2 Types of contract adjustment
Quick answers
What is FAR 50.103-1?
FAR 50.103-1 is a subsection of the Federal Acquisition Regulation, titled "General".
When was FAR 50.103-1 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; FAR Case 2006-023, SAFETY Act: Implementation of DHS Regulations" (72 FR 63027), published Nov 7, 2007 and effective Nov 7, 2007.
Are changes to FAR 50.103-1 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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