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                            3.501-1 Definition.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart3.03.13.23.33.43.53.63.73.83.93.103.11
Section3.5013.5023.503
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3.501-1 Definition.3.501-1 Definition.       *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.    **Parent topic:**  3.501 Buying-in.
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