Federal Acquisition Regulation

Determination of fair market price

FAR 19.202-6

(a) The fair market price shall be the price achieved in accordance with the reasonable price guidelines in 15.404-1 (b) for- (1) Total and partial small business set-asides, and reserves (see subpart Small Business Total Set-Asides, Partial Set-Asides, and Reserves (FAR 19.5) ); (2) HUBZone set-asides (see subpart Historically Underutilized Business Zone (HUBZone) Program (FAR 19.13) ); (3) Contracts utilizing the price evaluation preference for HUBZone small business concerns (see subpart Historically Underutilized Business Zone (HUBZone) Program (FAR 19.13) ); (4) Set-asides for SDVOSB concerns eligible under the SDVOSB Program (see subpart Service-Disabled Veteran-Owned Small Business Program (FAR 19.14) ); (5) Set-asides for EDWOSB concerns and WOSB concerns eligible under the WOSB Program (see subpart Women-Owned Small Business Program. (FAR 19.15) ). (b) For 8(a) contracts, both with respect to meeting the requirement at Pricing the 8(a) contract (FAR 19.806) (b) and in order to accurately estimate the current fair market price, contracting officers shall follow the procedures at Estimating fair market price (FAR 19.807) .

Record identifier

19.202-6