Price Reasonableness and Completeness. This solicitation is being made under anticipated conditions of adequate competition. Should the KO determine that conditions of adequate competition do not exist, and no exceptions apply, the Offeror may be required to provide certification of current cost or pricing data in accordance with FAR 15.406-2. The Government will verify that all solicitation requirements have been priced, figures are correctly calculated, and prices are presented in a clear and useful format. Price submissions should be sufficiently detailed to demonstrate their reasonableness. As this is a competed Firm Fixed Price effort, competition is largely determinative of price reasonableness.
Price Reasonableness and Completeness. This solicitation is being made under anticipated conditions of adequate competition. This section is to assist you in submitting information other than certified cost or pricing data that is required to evaluate the reasonableness, completeness, realism, balance, and/or affordability of proposed price/cost. Should the Contracting Officer determine that conditions of adequate competition do not exist, and no exceptions apply, the Offeror may be required to provide certification of current cost or pricing data in accordance with FAR 15.406-2. As this is a competed Firm Fixed Price effort, competition is largely determinative of price reasonableness.
Price Reasonableness and Completeness. This section is to assist in submitting information other than pricing data that is required to evaluate the reasonableness and completeness of the proposed price. The Government will verify that all solicitation requirements have been priced, figures correctly calculated, and prices are presented in a clear and useful format. Proposals should be sufficiently detailed to demonstrate their reasonableness. Information beyond that it required by this instruction shall not be submitted unless considered essential to document or supports the price position. All information relating to the proposed price, including all required supporting documentation, must be included in the section of the proposal designated as the Price Volume. Under no circumstances shall this information and documentation be included elsewhere in the proposal.
Price Reasonableness and Completeness. This section is to assist in submitting information other than pricing data that is required to evaluate the reasonableness and completeness of the proposed price. The Government will verify that all solicitation requirements have been priced, figures are correctly calculated, and prices are presented in a clear and useful format. The Government reserves the right, but is not obligated, to review prices for realism. Note: unreasonably high- proposed prices, initially or subsequently, may be grounds for eliminating a proposal from competition. Additionally, unbalanced pricing poses an unacceptable risk to the Government, and may be a reason to reject an offeror’s proposal. Price submissions should be sufficiently detailed to demonstrate their reasonableness and be adequate enough to support and sustain a Defense Contract Audit Agency (DCAA) audit.
Price Reasonableness and Completeness. This solicitation is being made under anticipated conditions of adequate competition. This section is to assist you in submitting information other than certified cost or pricing data that is required to evaluate the reasonableness and completeness of your proposed price. Should the KO determine that conditions of adequate competition do not exist, and no exceptions apply, the Offeror may be required to provide certification of current cost or pricing data in accordance with FAR 15.406-2 The Government will verify that all solicitation requirements have been priced, figures are correctly calculated, and prices are presented in a clear and useful format. Note that unreasonably high proposed prices, initially or subsequently, may be grounds for eliminating a proposal from competition. While individual ceiling rates from the yearly pricing schedules will not be used to perform the trade-off, these prices will be evaluated for fair and reasonableness and balanced pricing. Offerors that unreasonably escalate rates in the out years will be considered to have unbalanced pricing. Additionally, unbalanced pricing poses an unacceptable risk to the Government and may be a reason to reject an Offeror’s proposal. Price submissions should be sufficiently detailed to demonstrate their reasonableness. As this is a competed Firm Fixed Price effort, competition is largely determinative of price reasonableness.
