Proposed Rule FAR-2017-0006-0001: Exception from Certified Cost or Pricing Data Requirements – Adequate Competition : This article is related to the proposed rule change, dated 6/12/2018, which modifies the definition of “adequate competition” in the FAR for the DoD, NASA, and Coast Guard.
Reducing Acquisition Lead Time by Eliminating Inefficiencies Associated with Cost or Pricing Data Submissions After Price Agreement (“Sweep Data”): This memo from Shay Assad, dated 6/7/2018 (UPDATED), sets forth a requirement for sweeps to be completed within five business days of price agreement.
Truthful Cost or Pricing Data, Class Deviation for $2M: This memo changes the Certification threshold to $2M until the FAR can be modified.
Audit Alert on Requirement for Prime Contractor Cost and Price Analyses (September 6, 2017): This DCAA audit alert relaxes the agency’s prior position that a proposal is considered “inadequate” if cost and price analysis are not included in proposal submissions.
Commercial Items: Practical Tips for Primes and Subs This whitepaper explains the steps we employ for clients to successfully write or review commercial item determinations.
The Hidden Cost of Inadequate Subcontract Price Analysis: This whitepaper explains why both private companies and the federal government often fail in conducting cost and price analysis and provides tips for improvement.
Here are some useful tools that will help you conduct cost and price analysis.
Escalation Calculator: Utilizes Bureau of Labor Statistics history and proprietary forecasting methodologies. This calculator is useful for anyone who wants to determine the effect of the passage of time on price.
Weighted Guidelines (Profit Calculator): Based on guidance found in DFARS 215.404-70, this is a must-have regardless of which side of the negotiating table you’re sitting on.
Savings Calculator: Estimate the time and money your company could save by creating and storing price analysis reports using SpendLogic.
Want to know when new tools and updates are released? Subscribe below!