Price Reduction for Defective Certified Cost or Pricing Data., 48 CFR 52.215-10


Summary

As prescribed in 15.408(b), insert the following clause:

Price Reduction for Defective Certified Cost or Pricing Data (AUG 2011)

If any price, including profit or fee, negotiated in connection with this contract, or any cost reimbursable under this contract, was increased by any significant amount because —
The Contractor or a subcontractor furnished certified cost or pricing data that were not complete, accurate, and current as certified in its Certificate of Current Cost or Pricing Data;
A subcontractor or prospective subcontractor furnished the Contractor certified cost or pricing data that were not complete, accurate, and current as certified in the Contractor’s Certificate of Current Cost or Pricing Data; or
Any of these parties furnished data of any description that were not accurate, the price or cost shall be reduced accordingly and the contract shall be modified to reflect the reduction.
Any reduction in the contract price under paragraph (a) of this ...