The Resource CONTRACT MANAGEMENT: DoD Pricing of Commercial Items Needs Continued Emphasis

CONTRACT MANAGEMENT: DoD Pricing of Commercial Items Needs Continued Emphasis

Label
CONTRACT MANAGEMENT: DoD Pricing of Commercial Items Needs Continued Emphasis
Title
CONTRACT MANAGEMENT: DoD Pricing of Commercial Items Needs Continued Emphasis
Contributor
Subject
Language
eng
Summary
The Department of Defense (DOD), with the support of the Congress, is increasing its purchases of commercially available products and services. while the current level of commercial purchasing is relatively small and sole-source commercial purchases even smaller, DOD expects commercial purchases to increase in the future and believes determining fair and reasonable prices for commercial sole-source items will continue to be challenging. The Federal Acquisition Regulation (FAR) cautions DOD contracting officers not to obtain more information than is necessary for determining price reasonableness and it emphasizes the need to limit information requests of the contractor. However, when needed, contracting officers may ask contractors to provide sales prices for the same or similar items, an explanation of the contractor's discount policy, or cost data. The FAR defines price analysis as the process of examining and evaluating a proposed price without evaluating its separate cost elements or profit. Price analysis techniques include (1) comparing proposed prices in response to a competitive solicitation; (2) comparing a currently offered price to previously paid prices if both the validity of the comparison and the reasonableness of the previous prices can be established; (3) using parametric methods such as dollars per pound or other measurement units; (4) comparing offers to competitive published price lists, published market prices, and discount or rebate arrangements; (5) comparing proposed prices with independent government cost estimates; and (6) comparing proposed prices with prices obtained through market research for the same or similar items
Cataloging source
DTICE
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL AFFAIRS DIV
http://library.link/vocab/subjectName
  • Market research
  • Government procurement
  • Cost estimates
  • Congress
  • Department of defense
  • United states government
  • Marketing
  • Acquisition
  • Contract administration
  • Validation
  • Cost analysis
  • Comparison
  • Commercial equipment
  • Economics and Cost Analysis
  • Administration and Management
Label
CONTRACT MANAGEMENT: DoD Pricing of Commercial Items Needs Continued Emphasis
Instantiates
Publication
Note
Rept. to Congressional requesters
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Extent
21 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
Hein Online
System control number
  • (OCoLC)227895919
  • (OCoLC)ocn227895919
Label
CONTRACT MANAGEMENT: DoD Pricing of Commercial Items Needs Continued Emphasis
Publication
Note
Rept. to Congressional requesters
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Extent
21 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
Hein Online
System control number
  • (OCoLC)227895919
  • (OCoLC)ocn227895919

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