1. The contracting entity should require staff with specific knowledge, skills, experience or competences in the fields of technology, science or management to carry out a technical analysis of the proposed types and quantities of materials, labour, processes, special tools, equipment or immovable property, the adequacy of the waste and deterioration and other related factors set out in the proposal(s); determine the need for and relevance of the proposed resources. assuming reasonable cost-effectiveness and efficiency. (v) verification to determine whether the cost or price data necessary to make the tenderer`s tender suitable for negotiation have not been submitted by the tenderer or identified in writing. If such data is available, the client will endeavor to obtain and use it in negotiations or to take into account incomplete data satisfactorily. (3) To assess the reasonableness of each cost component, cost analysis shall be used if certified cost or price data are required. Price analysis should be used to verify that the total price offered is fair and reasonable. (iv) Verify that the supplier`s cost models comply with the cost principles and procedures set out in Part 31 and, where applicable, with the requirements and procedures set out in Chapter 99 of the 48 CFR, Analytical Accounting Standards. (3) The first two techniques at 15 404-1(b)(2) are the preferred techniques. However, where the procuring entity finds that information on competitive proposed prices or prior prices is not available or is not sufficient to determine whether the price is fair and reasonable, the procuring entity may use one of the other techniques appropriate to the circumstances applicable to the acquisition. 2. Except as provided in point 3 of paragraph (h) of this Section, the tenderer of a contract, task or supply contract shall notify the contracting entity in accordance with Articles 52.215 to 22 of its intention to subcontract more than 70 % of the total cost of the works to be carried out under the contract, task or supply contract, the procuring entity must – (1) Price analysis is the process of reviewing and evaluating a price proposal without assessing its separation of cost elements and proposed benefit.
Unless an exception to the requirement to obtain certified cost or price data applies in accordance with Article 15.403(1)(b)(1) or (b)(2), the contracting authority shall, without a certificate, obtain at least appropriate data on the prices at which the same or similar items have been previously sold and determine whether such data are appropriate for assessing the adequacy of the price. Price analysis may include the evaluation of data other than cost or certified price data obtained from the supplier or contractor where there is no other way to determine a fair and reasonable price. Procuring entities shall obtain from the supplier or contractor cost data or certified prices cost or price data for all contracts (including the acquisition of commercial goods) if this is the only way for the customer to determine the price as fair and reasonable. 6. Recommendations or conclusions relating to the Government`s review or analysis of a Bidder`s or Contractor`s proposal shall not be communicated to the Bidder or Contractor without the consent of the procuring entity. Any discrepancies or errors of fact (p.B duplications, omissions and calculation errors) contained in the certified cost or price data or data other than the certified cost or price data submitted in support of a proposal will be brought to the attention of the Customer for appropriate processing. (1) Unbalanced pricing may increase performance risk and result in the payment of unreasonably high prices. Price imbalance occurs when, despite an acceptable total price, the price of one or more items is significantly overvalued or undervalued, as indicated by the use of cost or price analysis techniques. The most significant risks associated with unbalanced pricing occur when( C) the relevance of estimates generated by parametric models or properly calibrated and validated cost estimation relationships; and Stuvia`s customers reviewed more than 450,000 abstracts. So you know you`re buying the best documents. CLC 056 Analysis of contract cost verification 1.
Determine the circumstances in which a cost analysis should be conducted by answering the following question: « Unless there is an exception to certified cost or price data, can you perform a cost analysis for which of the following purchases? One. All this is correct b. Subcontracting at any level where the contractor and any parent subcontractor have been asked to provide certified cost or price data. c. Modification of a sealed offer or negotiated contract d. The award of any negotiated contract (with the exception of undefined shares such as contract letters. 2. What is the best method to determine an improvement curve slope? One. Use of the median percentage of like products b.
Use of fixed gradients from the cost estimator reference manual c. Use of actual historical data d. Use of averages derived from recent purchases 3. Each price negotiation memorandum must contain which of the following? One. Statement that the price is fair and reasonable b. Signature of the Contract Specialist v. Signature of lawyer d. Statement that the FAR has been systematically monitored.
4. What sampling technique is used to focus on high-quality items? a. Chance b. Stratified vs. Group d. Non-probability 5. Which of the following types of costs would be most likely to be classified as direct and indirect costs, depending on the circumstances? has. General and administrative expenses b. Utilities v. Direct material d.
Travel expenses 6. Using a direct comparison with the cost of a similar order is an acceptable rough estimation technique. .