U.S. Code of Federal Regulations

Regulations most recently checked for updates: Aug 27, 2025

All TitlesTitle 48Chapter 5Part 538Subpart 538.2 - Subpart 538.2—Establishing and Administering Federal Supply Schedules
View all text of Subpart 538.2 [538.201 - 538.273]
538.271 - 538.271 FSS contract awards.

(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]
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