Common use of Total Evaluated Price Clause in Contracts

Total Evaluated Price. The offeror’s response to Section B of the solicitation and the summation of all CLIN prices will be evaluated and used to determine its total evaluated price. The sum of the prices for each CLIN will represent the Total Evaluated Price of each offeror. The offeror shall utilize the CLIN Pricing form (Attachment L-6) for submission of their Section B CLIN prices, in addition to the Section B Schedule. If there is a discrepancy between the CLIN Pricing form (Attachment L-6) and the Section B Schedule, the CLIN Pricing form will be utilized to calculate the Total Evaluated Price. However, if, after receipt of a proposal, the PCO 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 required to provide certified cost and pricing data in accordance with FAR 15.403-4.

Appears in 4 contracts

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

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