Difference between revisions of "Cost or Pricing Data - Requirements Matrix"

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*>$700,000  
 
*>$700,000  
 
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Can the Contracting Officer Request Cost or Pricing Data?
 
*NO; Considered a Micro-Purchase
 
*NO; Considered a Micro-Purchase
 
*NO; Considered Simplified Acquisition
 
*NO; Considered Simplified Acquisition

Revision as of 12:09, 10 December 2014

Requirements for Cost Or Pricing Data

Department of Defense

Area/Topic Requirement
Requirements: The Contracting Officer must obtain cost or pricing data only if exceptions do not apply.
Exceptions: Adequate Price Competition; Prices Set by Law or Regulation; Commercial Items, Established Catalog/Market Prices; Waivers
Limitations Contracting Officers must not require unnecessarily the submission of cost or pricing data, because it leads to increased proposal preparation costs, extends acquisition lead times, and consumes additional contractor and government resources.
$$ Threshholds for obtaining data:
  • <2500
  • $2500 to $150,000
  • $150,000 to $700,000
  • >$700,000

Can the Contracting Officer Request Cost or Pricing Data?

  • NO; Considered a Micro-Purchase
  • NO; Considered Simplified Acquisition
  • YES, CO "MAY" require cost or pricing data (may need head of contracting activity authorization
  • MUST request cost or pricing data, it also needs to be certified
Example Example
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Example Example