538.271 FSS contract awards.
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(a) FSS awards will be for commercial products and commercial services.
(b) Before awarding any FSS contract, determine that the offered prices are fair and reasonable (see FAR subpart 15.4 and 538.270). Document the negotiation and your determination using FAR 15.406-3 as guidance.
[64 FR 37227, July 9, 1999, as amended at 81 FR 41137, June 23, 2016; 84 FR 17039, Apr. 23, 2019; 86 FR 68443, Dec. 2, 2021]