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sole source acquisition of $35 million FFP effort; price determined using cost analysis.

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Q: What situations are considered exempt from the submission of Certified Cost or Pricing Data?
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What gives us the authority to request the submission of certified cost or pricing data on this modification?

52.215-11. Unless an exception applies, FAR 15.403-4 (a)(1)(iii) requires the submission of certified cost or pricing data for any modification expected to exceed the current threshold, regardless of whether or not certified cost or pricing data were initially required.


What is retail pricing?

What is considered to be current keystone pricing rate


What is certified cost or pricing data subsequently found to have been inaccurate incomplete or noncurrent known as?

Certified cost or pricing data subsequently found to be inaccurate, incomplete, or noncurrent is known as defective pricing. It refers to a situation where the data provided during the pricing process was misleading or incorrect. Defective pricing can lead to financial penalties and potential legal consequences for the party responsible for providing the inaccurate information.


What clause in the FAR provides a remedy to the government in the event the contractor submits defective certified cost or pricing data on this modification?

FAR 15.408 (c) states, "The contracting officer shall, when contracting by negotiation, insert the clause at 52.215-11, Price Reduction for Defective Certified Cost or Pricing Data -- Modifications, in solicitations and contracts when it is contemplated that certified cost or pricing data will be required from the contractor or any subcontractor (see 15.403-4) for the pricing of contract modifications, and the clause prescribed in paragraph (b) of this section has not been included."


Which 10 USC is the statutory authority for requiring certified cost or pricing data?

10 U.S.C. 2306(a)


When the Contracting Officer has relied on certified cost or pricing data in the price determination which of the following statements is true?

price negotiation


Should surplus capacity be considered for short term pricing decisions?

yes


When an offeror is required to provide certified cost or pricing data should be used to verify that the overall price offered is fair and reasonable.?

price analysis


What is a price what are the factors to be considered when setting a price what are general pricing approaches?

sir why are you not answering me?


Examples of by-product pricing?

a pricing method used in situations where a saleable by-product results in the manufacturing process. If the by-product has little value, and is costly to dispose of, it will probably not affect the pricing of the main product; if, on the other hand, the by-product has significant value, the manufacturer may derive a competitive advantage by charging a lower price for its main product.


For which one what situations would an offeror typically submit detailed cost or pricing data?

A sole-source proposal for a non-commercial item valued at $800,000


What are the different pricing methods in international marketing?

Bid Pricing Cost Plus Pricing Customary Pricing Differential Pricing Diversionary Pricing Dumping Pricing Experience Curve Pricing Loss Leader Pricing Market Pricing Predatory Pricing Prestige Pricing Professional Pricing Promotional Pricing Single Price for all Special Event Pricing Target Pricing