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Table of Contents SECTION A 1 A.1 SF 1449 SOLICITATION/CONTRACT/ORDER FOR COMMERCIAL ITEMS 1 SECTION B CONTINUATION OF SF 1449 BLOCKS 4 B.1 CONTRACT ADMINISTRATION DATA 4 B.2 LIMITATIONS ON SUBCONTRACTING
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5economic price adjustment6 is a mechanism used to adjust prices in response to changes in economic conditions.
Any entity or individual who has a contract with pricing provision that allows for economic price adjustment may be required to file 5economic price adjustment.
To fill out 5economic price adjustment6, one must gather relevant information on economic conditions, calculate the necessary adjustments, and submit the updated pricing information as per the contract terms.
The purpose of 5economic price adjustment6 is to ensure that prices stay in line with changes in economic conditions, such as inflation or rising costs of inputs.
The information that must be reported on 5economic price adjustment includes the original contract terms, the economic indicators used for adjustment, and the updated pricing information.
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