Certified cost or pricing data definition
Certified cost or pricing data means “cost or pricing data” that were required to be submitted in accordance with FAR 15.403-4 and 15.403-5 and have been certified, or is required to be certified, in accordance with 15.406-2. This certification states that, to the best of the person’s knowledge and belief, the cost or pricing data are accurate, complete, and current as of a date certain before contract award. Cost or pric- ing data are required to be certified in certain procurements (10 U.S.C. 2306a and 41 U.S.C. 254b).
Certified cost or pricing data means any cost or pricing data that is required to be certified pursuant to TINA.
Examples of Certified cost or pricing data in a sentence
Certified cost or pricing data is not expected because adequate price competition is anticipated for this requirement.
Certified cost or pricing data and data other than certified cost or pricing data, if required, must be submitted in accordance with the instructions specified at FAR 15.403‐5.