Is there such thing as fair and reasonable pricing?
While price reasonableness is always a function of all the facts in a given procurement, absent any clear evidence of collusion or improper business relationships. Would two quotes from authorized distributors be sufficient fair and reasonable pricing?
How to determine a reasonable price for a product?
Here’s some advice for small businesses on determining reasonable prices for their products, by considering such things as company goals, target audience, and market outlook. Pricing a product is probably the toughest thing there is to do, according to an expert. Here’s how to tackle it. You’re about to be redirected
When to request a certified cost or pricing?
However, if the contracting officer has reason to believe exceptional circumstances exist and has sufficient data available to determine a fair and reasonable price, then the contracting officer should consider requesting a waiver under the exception at 15.403-1 (b) (4). The threshold for obtaining certified cost or pricing data is $750,000.
How to calculate far 13 fair and reasonable pricing?
Assume that the determination necessary to support a single source BN/OEM has been properly executed for a part/item. Award is made to low price quoter of the same part/item. Would quotes from two different authorized distributors for the same BN/OEM item be sufficient price analysis to meet the threshold of FAR 13.106-3 (a) (1)?
While price reasonableness is always a function of all the facts in a given procurement, absent any clear evidence of collusion or improper business relationships. Would two quotes from authorized distributors be sufficient fair and reasonable pricing?
What is 12
When is certified cost or pricing data not required?
(2) When certified cost or pricing data are not required, and the contracting officer does not have sufficient data to determine price reasonableness, FAR 15.402(a)(2) requires the offeror to provide whatever data the contracting officer needs in order to determine fair and reasonable prices.
Which is an example of a reasonable price?
Where an item has an established market price, verification of an equal or lower price also establishes the price to be fair and reasonable. Example: the purchase of metals such as lead, gold, silver, or commodities such as grains.