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Federal Acquisition Regulation

Definition

FAR 3.501-1
Buying-in , as used in this section, means submitting an offer below anticipated costs, expecting to- (1) Increase the contract amount after award (e.g., through unnecessary or excessively priced change orders); or (2) Receive follow-on contracts at artificially high prices to recover losses incurred on the buy-in contract.
Record identifier3.501-1