Yahoo Web Search

Search results

1. www.dau.edu · acquipedia-article · fair-andFair and Reasonable Price Determination | www.dau.edu

   www.dau.edu · acquipedia-article · fair-and

   

   Regardless of the precise definition, the FAR clearly establishes the need for determining a price to be fair and reasonable price before a Government contracting officer or ordering officer may award contracts or place orders.

   • Cost Analysis

     FAR 15.404-1(a)(1) requires the contracting officer to...

   • Price Analysis

     Because price analysis has a subjective element to it, the...

2. www.acquisition.gov · far · 1515.404-1 Proposal analysis techniques. - Acquisition.GOV

   www.acquisition.gov · far · 15

   

   Aug 29, 2024 · Contracting officers shall obtain data other than certified cost or pricing data from the offeror or contractor for all acquisitions (including commercial acquisitions), if that is the contracting officer’s only means to determine the price to be fair and reasonable.

3. www.acquisition.gov · far · 1212.209 Determination of price reasonableness. - Acquisition.GOV

   www.acquisition.gov · far · 12

   

   Aug 29, 2024 · Determination of price reasonableness. While the contracting officer must establish price reasonableness in accordance with 13.106-3, 14.408-2, or subpart 15.4, as applicable, the contracting officer should be aware of customary commercial products and commercial services and conditions when pricing commercial products and commercial services.

4. www.acquisition.gov · far · 1313.106-3 Award and documentation. - Acquisition.GOV

   www.acquisition.gov · far · 13

   

   Aug 29, 2024 · Before making award, the contracting officer must determine that the proposed price is fair and reasonable. (1) Whenever possible, base price reasonableness on competitive quotations or offers. (2) If only one response is received, include a statement of price reasonableness in the contract file.

5. www.dau.edu · acquipedia-article · cost-analysisCost Analysis | www.dau.edu

   www.dau.edu · acquipedia-article · cost-analysis

   

   FAR 15.404-1(a)(1) requires the contracting officer to determine that the price to be paid is fair and reasonable. Cost analysis is one of six proposal analysis techniques that may be used to ensure that the final agreed-to price is fair and reasonable.

6. www.dau.edu · acquipedia-article · price-analysisPrice Analysis | www.dau.edu

   www.dau.edu · acquipedia-article · price-analysis

   

   Because price analysis has a subjective element to it, the contracting officer must be satisfied that the price is fair and reasonable. The contract file must document the rationale used in making the pricing decision, and include the source and type of data used to support the determination.

7. People also ask

   What if a contracting officer determines a price is fair and reasonable?

   • However, if the contracting officer determines that information on competitive proposed prices or previous contract prices is not available or is insufficient to determine that the price is fair and reasonable, the contracting officer may use any of the remaining techniques as appropriate to the circumstances applicable to the acquisition.

   15.404-1 Proposal analysis techniques. - Acquisition.GOV

   www.acquisition.gov/far/15.404-1

   See all results for this question

   What does a Contracting Officer need to know about price reasonableness?

   • While the contracting officer must establish price reasonableness in accordance with 13.106-3, 14.408-2, or subpart 15.4, as applicable, the contracting officer should be aware of customary commercial products and commercial services and conditions when pricing commercial products and commercial services.

   12.209 Determination of price reasonableness. | Acquisition.GOV

   www.acquisition.gov/far/12.209

   See all results for this question

   How do you determine price reasonableness in a contract?

   • (a) Basis for award. Before making award, the contracting officer must determine that the proposed price is fair and reasonable. (1) Whenever possible, base price reasonableness on competitive quotations or offers. (2) If only one response is received, include a statement of price reasonableness in the contract file.

   13.106-3 Award and documentation. - Acquisition.GOV

   www.acquisition.gov/far/13.106-3

   See all results for this question

   What does a Contracting Officer DO before awarding a price?

   • 13.106-3 Award and documentation. 13.106-3 Award and documentation. 13.106-3 Award and documentation. (a) Basis for award. Before making award, the contracting officer must determine that the proposed price is fair and reasonable. (1) Whenever possible, base price reasonableness on competitive quotations or offers.

   13.106-3 Award and documentation. - Acquisition.GOV

   www.acquisition.gov/far/13.106-3

   See all results for this question

8. www.ecfr.gov · current · title-4848 CFR 15.404-1 -- Proposal analysis techniques.

   www.ecfr.gov · current · title-48

   

   The objective of proposal analysis is to ensure that the final agreed-to price is fair and reasonable. (1) The contracting officer is responsible for evaluating the reasonableness of the offered prices.