252.216-7008 — Economic price adjustment—wage rates or material prices controlled by a foreign government—representation.
Researched by the BidStride Research Team
What This Clause Requires
DFARS 252.216-7008 — Economic price adjustment—wage rates or material prices controlled by a foreign government—representation.. This clause is part of the Defense Federal Acquisition Regulation Supplement and applies specifically to Department of Defense contracts.
Official Regulation Text
252.216-7008 Economic price adjustment—wage rates or material prices controlled by a foreign government—representation. As prescribed in 216.203-4-70(c)(2), use the following provision: Economic Price Adjustment—Wage Rates or Material Prices Controlled by a Foreign Government—Representation (MAR 2012) (a) By submission of its offer, the offeror represents that the prices set forth in this offer— (1) Are based on the wage rate(s) or material price(s) established and controlled by the government of ________________ ( Offeror insert name of host country ), and (2) Do not include contingency allowances to pay for possible increases in wage rates or material prices. (End of provision) [77 FR 19131, Mar. 30, 2012]
Compliance Checklist
Flow-Down to Subcontractors
No flow-down required
This clause applies only to the prime contract and does not need to be flowed down to subcontractors.
Frequently Asked Questions
DFARS 252.216-7008 (Economic price adjustment—wage rates or material prices controlled by a foreign government—representation.) is a Defense Federal Acquisition Regulation Supplement clause applicable to Department of Defense contracts.
DFARS 252.216-7008 is typically required in DoD contracts when the contracting officer determines it's applicable. Check Section I of your solicitation.
Flow-down requirements vary. Review the specific clause text for subcontractor applicability provisions.
This summary is for informational purposes only and reflects the BidStride Research Team's plain-English interpretation of the regulation. It is not legal advice and does not constitute an attorney-client relationship. Always consult the official Federal Acquisition Regulation (FAR) or Defense Federal Acquisition Regulation Supplement (DFARS) text and qualified legal counsel for compliance decisions.