Common use of Price/Cost Information Clause in Contracts

Price/Cost Information. (a) Reasonableness of the Price Volume. Normally, competition establishes price reasonableness. Each offeror’s total evaluated price will be established as described in paragraph 2.3(b) of this section. Comparison of proposed prices will be used to satisfy the requirement of a price analysis and the establishment of a reasonable price.

Appears in 4 contracts

Samples: Solicitation, Offer and Award, imlive.s3.amazonaws.com, imlive.s3.amazonaws.com

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