Common use of Cost/Price Factor Clause in Contracts

Cost/Price Factor. This factor is used to assess the cost to the Government of each Offeror’s proposal if it were selected for award. Proposed costs are analyzed to determine the cost and associated risks of doing business with an Offeror based upon the Offeror’s proposed approach and cost. A cost realism analysis will be performed to assess the reasonableness of the proposed costs. The cost realism analysis is not numerically scored.

Appears in 2 contracts

Samples: Contract, Contract

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Cost/Price Factor. This factor is used to assess the cost to the Government of what each Offeror’s proposal if will cost the Government should it were be selected for award. Proposed costs are analyzed to determine the cost cost/price and associated risks of doing business with an Offeror based upon the Offeror’s proposed approach and costfor the proposed price. A cost realism analysis will be performed to assess the reasonableness and realism of the proposed costs. The cost realism analysis is not numerically scored.

Appears in 1 contract

Samples: Contract

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Cost/Price Factor. This factor is used to assess the cost to the Government of what each Offeror’s proposal if will cost the Government should it were be selected for award. Proposed costs are analyzed to determine the cost cost/price and associated risks of doing business with an Offeror based upon the Offeror’s proposed approach and costfor the proposed price. A cost realism analysis will be performed to assess the reasonableness and realism of the proposed costs. The cost realism analysis It is not numerically scored.. (End of Provision) M.3 EVALUATION APPROACH – SPECIFIC INSTRUCTIONS‌ (a) Mission Suitability Factor (Volume I)

Appears in 1 contract

Samples: Contract Amendment

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