# 541.201 Policy.

1. (a) GSA purchases utility services in a manner that is consistent with the regulations, rulings and franchise or service territories. Rates are established by independent regulatory bodies. These Tariff rates:

   1. (1) Are considered “prices set by law or regulation”; and

   2. (2) Are sufficient to set prices without obtaining cost or pricing data (see FAR 15.403-1(c) (2)).