Common use of Total Evaluated Price Clause in Contracts

Total Evaluated Price. Offerors shall submit a complete price proposal that addresses all information required to evaluate the pricing proposed for each Contract Line Item Number (CLIN), except CLIN 0002, including pricing for CLIN 0001, stepladder pricing for CLIN 0003, and stepladder pricing for Option CLINs 0004 through 0007. The price proposal shall be a separate volume from the technical (non-price) proposal. It is expected that the resulting contract will be awarded based upon a determination that there is adequate price competition. Therefore, the Offeror is not required to submit or certify cost and/or pricing data with their proposal. However, data other than certified cost data or pricing data is required to be submitted. If after receipt of proposals, the Contracting Officer determines that adequate price competition does not exist in accordance with FAR 15.403-1 or that only one offer is received, the Offeror shall provide certified cost and/or pricing data as requested by the Contracting Officer. The price and cost summaries provided in Volume II must not conflict with the data submitted in Section B schedules. In the event of a discrepancy, prices found in the filled-out Section B shall be utilized. Volume II shall contain the Offeror’s understanding of and approach to the pricing requirements of the solicitation. The pricing portion of the proposal shall include: a. Pricing spreadsheets for all CLINs, for all items (with options) as described in Section B. Spreadsheets shall be in Microsoft Excel format with cells containing working formulas that are visible for Government examination of price buildup and methodology. b. Basis of Estimate (BOE) narrative in Microsoft Word for each CLIN. The BOE narrative shall include estimating methodologies for each proposed priced CLIN. c. The price proposal should answer the following questions: i. What is the estimate? ii. What is it based on? iii. How was it derived?

Total Evaluated Price. Offerors shall submit a complete price proposal that proposal, which addresses all information required to evaluate the pricing proposed for each Contract Line Item Number (CLIN), except CLIN CLINs 0002, including pricing for within CLIN 0001, stepladder pricing for CLIN 0003, and stepladder pricing for 0003 AND Option CLINs 0004 through 00071001-4001. The price proposal shall be a separate volume from the technical (non-price) proposal. It is expected that the resulting contract will be awarded based upon a determination that there is adequate price competition. Therefore; therefore, the Offeror is not required to submit or certify cost and/or pricing data with their proposal. However, however data other than certified cost data or pricing data is required to be submitted. If after receipt of proposals, the Contracting Officer determines that adequate price competition does not exist in accordance with FAR 15.403-1 or that only one offer is received, the Offeror shall provide certified cost and/or pricing data as requested by the Contracting Officer. The price and cost summaries provided in Volume II must not conflict with the data submitted in Section B schedules. In the event of a discrepancy, prices found in the filled-out Section B shall be utilized. Volume II shall contain the Offeror’s understanding of and approach to the pricing requirements of the solicitation. The pricing portion of the proposal shall include: a. Pricing spreadsheets for all CLINs, for all items (with options) as described in Section B. Spreadsheets shall be in Microsoft Excel format with cells containing working formulas that are visible for Government examination of price buildup and methodology. b. Basis of Estimate (BOE) narrative in Microsoft Word for each CLIN. The BOE narrative shall include estimating methodologies for each proposed priced CLIN. Offerors shall provide the following information in support of all Section B Firm-Fixed-Price (FFP) CLINs requiring pricing, inclusive of all option items: a. The Offeror shall submit its price summaries in accordance with the Offeror’s accounting structure for the first unit of each FFP line item. The Offeror’s proposal shall provide complete visibility by calendar year (or the Offeror’s calendar year) labor hours, labor costs, material costs, other direct costs, indirect costs, and profit. The Offeror shall provide detailed analysis to support the proposed FFP pricing at each quantity amount and the adjustments made from the first unit pricing (i.e. production labor learning reductions, quantity reductions, escalation. c. The price proposal should answer b. For each major subcontract the following questionsOfferor shall provide a list which includes: i. What is the estimate?a. subcontractor name; ii. What is it based on? iii. How was it derived?b. subcontractor address; c. subcontractor telephone number; d. subcontractor CAGE code; e. a description of supplies/services to be f. subcontracted;