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Economic Price Adjustments - How it works/what is expected of the contractor/seller?

All economic price adjustments (EPAs) in Schedule contracts are made in accordance with clause I-FSS-969 or clause 52.216-70, depending on whether the contract pricing is based on a commercial list price or not. Take a look at your Schedule contract to determine which clause applies to your contract. Once you determine which clause applies, read the clause to see what is expected under that clause (i.e. basis, frequency, and timing of EPAs). That should give you a good idea as to what is allowed and what the CO is looking for in terms of processing the EPA.

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