Cost or Pricing Data. Cost or pricing data must be submitted to the Agency procurement officer and timely certified as accurate for contracts over $100,000 unless the contract is for a multiple-term or as otherwise specified by the Agency procurement officer. Unless otherwise required by the Agency procurement officer, cost or pricing data submission is not required for contracts awarded pursuant to competitive sealed bid procedures. If certified cost or pricing data are subsequently found to have been inaccurate, incomplete, or noncurrent as of the date stated in the certificate, the STATE is entitled to an adjustment of the contract price, including profit or fee, to exclude any significant sum by which the price, including profit or fee, was increased because of the defective data. It is presumed that overstated cost or pricing data increased the contract price in the amount of the defect plus related overhead and profit or fee. Therefore, unless there is a clear indication that the defective data was not used or relied upon, the price will be reduced in such amount.
Cost or Pricing Data. If the Contractor submitted cost or pricing data in connection with the pricing of this Agreement or any change or modification thereto, unless such pricing was based on adequate price competition, established catalog or market prices of commercial items sold in substantial quantities of the general public, or prices set by law or regulation, the Contracting Officer or his representatives who are employees of the County or its agent shall have the right to examine all books, records, documents and other data of the Contractor related to the negotiation pricing or performance of such Agreement, change or modification, for the purpose of evaluating the accuracy, completeness and currency of the cost or pricing data submitted.
Cost or Pricing Data. If the Contractor has been required to submit cost or pricing data in connection with any pricing action relating to this contract, the Contracting Officer, or an authorized representative of the Contracting Officer, in order to evaluate the accuracy, completeness, and currency of the cost or pricing data, shall have the right to examine and audit all of the Contractor’s records, including computations and projections, related to --
(1) The proposal for the contract, subcontract, or modification;
(2) The discussions conducted on the proposal(s), including those related to negotiating;
(3) Pricing of the contract, subcontract, or modification; or
(4) Performance of the contract, subcontract or modification.
Cost or Pricing Data. If the Grantee submitted cost or pricing data in connection with the pricing of this Agreement or any change or modification thereto, unless such pricing was based on adequate price competition, established catalog or market prices of commercial items sold in substantial quantities of the general public, or prices set by law or regulation, the Contracting Officer or his representatives who are employees of DEH or its agent shall have the right to examine all books, records, documents and other data of the Grantee related to the negotiation pricing or performance of such Agreement, change or modification, for the purpose of evaluating the accuracy, completeness and currency of the cost or pricing data submitted.
Cost or Pricing Data. If the Subcontractor has been required to submit cost or pricing data in connection with any pricing action relating to this Subcontract, SDSTA, or an authorized representative of SDSTA, in order to evaluate the accuracy, completeness, and currency of the cost or pricing data, shall have the right to examine and audit all of the Subcontractor’s records, including computations and projections, related to –
(a) The proposal for the Subcontract, sub-subcontract, or modification;
(b) The discussions conducted on the proposal(s), including those related to negotiating;
(c) Pricing of the Subcontract, sub-subcontract, or modification; or
(d) Performance of the Subcontract, sub-subcontract or modification.
Cost or Pricing Data. The Company and its Subsidiaries have not submitted to any Governmental Entity any inaccurate, incomplete, non-current, untruthful or misleading cost or pricing data, certification, bid, proposal, report, claim or any other information relating to a Government Contract or Bid, in such circumstances which could give rise to a reasonable belief that such submission was in violation of applicable Law.
Cost or Pricing Data. We will not, under any circumstances, accept any statement of services that would require the submission of cost or pricing data.
Cost or Pricing Data. 1. If HONEYWELL was required to submit certified cost or pricing data, SELLER shall indemnify and hold harmless HONEYWELL to the full extent of any loss, damage or expense (excluding HONEYWELL’s overhead and profit) resulting from SELLER’s failure to provide HONEYWELL or the Government with accurate and complete cost or pricing data. FAR 52.215-12 and 52.215-13 as implement below in Section F shall apply if SELLER is required to submit certified cost or pricing data.
Cost or Pricing Data. At all times during and following the period of contract performance, the State may require contractor to furnish such cost and pricing data as the State deems necessary to assess the reasonableness of contract pricing, including the reasonableness of changes.
Cost or Pricing Data. Contractor certifies that the prices submitted in its response to the RFP were arrived at independently and without, for the purpose of restricting competition, any consultation, communication, or agreement with any other bidder or competitor relating to those prices, the intention to submit a bid, or the methods or factors used to calculate the prices bid. Contractor understands and agrees that if DOM determines that any price, including profit or fee, negotiated in connection with the RFP was increased because the Contractor furnished incomplete or inaccurate cost or pricing data not current as certified in the Contractor’s certification of current cost or pricing data, then such price or cost shall be reduced accordingly, and this Contract shall be modified in writing and acknowledged by the Contractor to reflect such reduction.
