FAR 52.241-7 Change in Rates or Terms and Conditions of Service for Regulated Services
Clause Federal Acquisition Regulation Feb 1995 version
Facts
- Citation
- FAR 52.241-7
- Type
- Clause
- Current version
- February 1995
- Prescribed in
- FAR 41.501(d)(1)
- 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 clause.
Text
As prescribed in 41.501(d)(1), insert a clause substantially the same as the following:
Change in Rates or Terms and Conditions of Service for Regulated Services (Feb 1995)
(a) This clause applies to the extent services furnished under this contract are subject to regulation by a regulatory body. The Contractor agrees to give *[fill-in] written notice of (1) the filing of an application for change in rates or terms and conditions of service concurrently with the filing of the application and (2) any changes pending with the regulatory body as of the date of contract award. Such notice shall fully describe the proposed change. If, during the term of this contract, the regulatory body having jurisdiction approves any changes, the Contractor shall forward to the Contracting Officer a copy of such changes within 15 days after the effective date thereof. The Contractor agrees to continue furnishing service under this contract in accordance with the amended tariff, and the Government agrees to pay for such service at the higher or lower rates as of the date when such rates are made effective.
(b) The Contractor agrees that throughout the life of this contract the applicable published and unpublished rate schedule(s) shall not be in excess of the lowest cost published and unpublished rate schedule(s) available to any other customers of the same class under similar conditions of use and service.
(c) In the event that the regulatory body promulgates any regulation concerning matters other than rates which affects this contract, the Contractor shall immediately provide a copy to the Contracting Officer. The Government shall not be bound to accept any new regulation inconsistent with Federal laws or regulations.
(d) Any changes to rates or terms and conditions of service shall be made a part of this contract by the issuance of a contract modification unless otherwise specified in the contract. The effective date of the change shall be the effective date by the regulatory body. Any factors not governed by the regulatory body will have an effective date as agreed to by the parties.
** Note:* Insert language prescribed in 41.501(d)(1).
(End of clause)
Proposed changes
| Proposed rule | Published | Comments |
|---|---|---|
| Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 6, 7, 10, 18, 26, 37, and 41 | Closed Jul 23, 2026No final rule found |
Terms defined
- Note
Quick answers
What is FAR 52.241-7?
FAR 52.241-7 is a clause of the Federal Acquisition Regulation, titled "Change in Rates or Terms and Conditions of Service for Regulated Services".
What is the current version of FAR 52.241-7?
The current version is dated February 1995.
Where is FAR 52.241-7 prescribed?
It is prescribed in FAR 41.501(d)(1), Solicitation provision and contract clauses.
Are changes to FAR 52.241-7 proposed?
One proposed change has no final rule yet.
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