Price Reasonableness Sample Clauses

Price Reasonableness. The OCO is responsible for the determination of cost or price reasonableness for each task order. When adequate price competition exists (see FAR 15.403-1(c)(1)), generally, no additional information is necessary to determine the reasonableness of cost or price. If adequate price competition does not exist and none of the exceptions under FAR 15.403-1(b) apply, the OCO must request a Certificate of Current Cost and Pricing Data in accordance with FAR 15.403-4.

Price Reasonableness. Normally, competition establishes price reasonableness. It is expected that the award decision will include a determination that there is adequate price competition and that the proposed prices are reasonable. In limited situations, additional analysis will be required by the Government to determine reasonableness. If, after receipt of a proposal, the Procuring Contracting Officer determines that adequate price competition does not exist and a determination is made that none of the exceptions in FAR § 15.403-1(b) apply, the offeror may be requested to provide certified cost and pricing data in accordance with FAR § 15.403-4.

Price Reasonableness. The proposed prices will be evaluated for reasonableness. Price reasonableness determines whether an Offeror’s price is too high. Analysis of price proposals will be performed using one or more of the techniques defined in FAR 15.404 in order to determine price reasonableness. Normally, price reasonableness is established through adequate price competition, but may also be determined through price analysis techniques as described in FAR 15.404-1. Notwithstanding anything to the contrary in this solicitation and for the avoidance of doubt, the Government will not perform a price realism analysis of the Offeror’s proposal.

Price Reasonableness. If the offeror or bidder's price appears reasonable based on your independent estimate, and other appropriate information, purchase the supply, equipment, or service.

Price Reasonableness. ‌ The Agreements Officer, through the CM, must be able to determine the amount of the prototype project agreement is fair and reasonable. The CM may need data such as commercial pricing data, market data, parametric data or cost information.

Price Reasonableness. The Government will evaluate whether or not the offerors proposed price is reasonable. A price is reasonable if, in its nature and amount, it does not exceed that which would be incurred by a reasonable and prudent person in the conduct of competitive business. The Government may make a determination of reasonableness by any means allowable under FAR 15.404-1.

Price Reasonableness. In accordance with FAR 15.404-1, various price analysis techniques and procedures will be employed to ensure the prices being proposed for this requirement are fair and reasonable. To assist in the overall determination of price reasonableness, the Government will identify all instances where a proposed fully burdened labor cost exceeds $300,000 annually per employee. This also applies to a fully burdened subcontractor employee labor cost, inclusive of the prime contractor’s pass-through burden. A fully burdened labor cost that exceeds $300,000 annually per employee may ultimately be determined unreasonable absent justification. Normally, competition establishes price reasonableness. It is expected that the award decision will include a determination that there is adequate price competition and that the proposed prices are reasonable. In limited situations, additional analysis will be required by the Government to determine reasonableness. If, after receipt of a proposal, the Procuring Contracting Officer determines that adequate price competition does not exist and a determination is made that none of the exceptions in FAR § 15.403-1(b) apply, the offeror may be requested to provide certified cost and pricing data in accordance with FAR § 15.403-4.

Price Reasonableness. Prices are on the current and publicly available list price at the vendor websites, and are the same or similar products, available to all government and commercial customers Pricing was also confirmed by our all of our vendor account reps who referred us to their respective web pages. We have the following required safety trainings that our employees take on a recurring basis: • Driver safety course (required of all employees within 90 days of employment and every 3 years after that.) We currently use the National Safety Council's Defensive Driving Course. • First Aid/CPR/AED (required of all employees every 2 years.) We currently use the National Safety Council's First Aid/APR/AED course. • Respiratory protection training (requires initial training and annual refresher, which includes hands on skills demonstration and fit testing) These courses were developed in house and are required for approximately 500 employees. • Hazwoper (required annually for anyone who may This course is taught by AFD and has three different levels of training (Awareness, Operations, Technician)

Price Reasonableness. Since adequate competition is anticipated, the Government will conduct a price analysis IAW FAR 15.404-1(b) to determine reasonableness. ▇▇▇▇▇ will be evaluated in order to determine that it is fair and reasonable IAW FAR 15.404 to include ensuring the price is not unreasonably high without valid explanation.