41-U.S.C.-3503
§3503 – Exceptions
Pathway
Title 41 > Subtitle I > Division C > Chapter 35 > Section 3503
Details
- Reference: Section 3503
- Legend: §3503 – Exceptions
- USCode Year: 2013
Provision Content
(a) In General.—Submission of certified cost or pricing data shall not be required under section 3502 of this title in the case of a contract, a subcontract, or a modification of a contract or subcontract—
(1) for which the price agreed on is based on—
(A) adequate price competition; or
(B) prices set by law or regulation;
(2) for the acquisition of a commercial item; or
(3) in an exceptional case when the head of the procuring activity, without delegation, determines that the requirements of this chapter may be waived and justifies in writing the reasons for the determination.
(b) Modifications of Contracts and Subcontracts for Commercial Items.—In the case of a modification of a contract or subcontract for a commercial item that is not covered by the exception to the submission of certified cost or pricing data in paragraph (1) or (2) of subsection (a), submission of certified cost or pricing data shall not be required under section 3502 of this title if—
(1) the contract or subcontract being modified is a contract or subcontract for which submission of certified cost or pricing data may not be required by reason of paragraph (1) or (2) of subsection (a); and
(2) the modification would not change the contract or subcontract from a contract or subcontract for the acquisition of a commercial item to a contract or subcontract for the acquisition of an item other than a commercial item.
(Pub. L. 111–350, §3, Jan. 4, 2011, 124 Stat. 3766.)
| Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 3503 | 41:254b(b). | June 30, 1949, ch. 288, title III, §304A(b), as added Pub. L. 103–355, title I, §1251(a)(2), Oct. 13, 1994, 108 Stat. 3279; Pub. L. 104–106, title XLII, §4201(b)(1), Feb. 10, 1996, 110 Stat. 651. |
In subsection (b)(2), the words as the case may be are omitted as unnecessary.
U.S. Encyclopedia of Law Coverage
41-U.S.C.-3309 in the Legal Encyclopedia: Public Contracts
In this entry about 41-U.S.C.-3309, find legal reference material, bibliographies and premiere content related to public contracts in the American Encyclopedia of Law, presenting a comprehensive view of the United States public contracts-specific issues, written by authorities in the field.
Chapter 35 – Truthful Cost Or Pricing Data in the Legal Encyclopedia: Procurement
In this entry about Chapter 35 – Truthful Cost Or Pricing Data, find legal reference material, bibliographies and premiere content related to procurement in the American Encyclopedia of Law, presenting a comprehensive view of the United States procurement-specific issues, written by authorities in the field.
41-U.S.C.-3307 in the Legal Encyclopedia: Federal Procurement Policy
In this entry about 41-U.S.C.-3307, find legal reference material, bibliographies and premiere content related to federal procurement policy in the American Encyclopedia of Law, presenting a comprehensive view of the United States federal procurement policy-specific issues, written by authorities in the field.
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