Low RiskFARExport Control

52.225-17Evaluation of Foreign Currency Offers.

Researched by the BidStride Research Team

What This Clause Requires

FAR 52.225-17 — Evaluation of Foreign Currency Offers.. This clause is part of the Federal Acquisition Regulation and may be included in government contracts as a solicitation provision or contract clause.

Official Regulation Text

52.225-17 Evaluation of Foreign Currency Offers. As prescribed in 25.1103(c), insert the following provision: Evaluation of Foreign Currency Offers (FEB 2000) If the Government receives offers in more than one currency, the Government will evaluate offers by converting the foreign currency to United States currency using [ Contracting Officer to insert source of rate ] in effect as follows: (a) For acquisitions conducted using sealed bidding procedures, on the date of bid opening. (b) For acquisitions conducted using negotiation procedures— (1) On the date specified for receipt of offers, if award is based on initial offers; otherwise (2) On the date specified for receipt of proposal revisions. (End of provision) [64 FR 72441, Dec. 27, 1999, as amended at 72 FR 63090, Nov. 7, 2007]

Source: eCFR, 48 CFR 52.225-17 (https://www.ecfr.gov/current/title-48/section-52.225-17)

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

    BidStride automatically scans your RFPs for 52.225-17

    Stop hunting through solicitations manually. BidStride identifies every FAR and DFARS clause in your RFP, flags risk level, and surfaces compliance requirements before you submit your bid.

    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.