Price analysis definition

Price analysis means the evaluation of price data without analysis of the separate cost components and profit.
Price analysis means the evaluation of price data, without analysis of the separate cost components and profit as in cost analysis, which may assist in arriving at prices to be paid and costs to be reimbursed. [HAR 3-120-2]
Price analysis means the evaluation of price data.

Examples of Price analysis in a sentence

  • Price analysis is conducted through the comparison of price quotations submitted.

  • Price analysis may be accomplished in various ways, including the comparison of price quotations submitted, market prices and similar indicia, together with discounts.

  • Price analysis may include evaluating data other than certified cost or pricing data obtained from the offeror or contractor when there is no other means for determining a fair and reasonable price.

  • Price analysis, with or without competition, may provide a basis for selecting the contract type.

  • Price analysis shall be performed by comparison of the price quotations, with published price lists, or other established or competitive prices.


More Definitions of Price analysis

Price analysis means the evaluation of pricing data without analysis of the separate cost components and profits.
Price analysis. ’ means the process of examining and eval- uating a proposed price without evaluating its separate cost elements and proposed profit.
Price analysis means an analysis to assist in determining sales price of real property right(s) estimated in terms of money and based on comparable sales of similar real property right(s), potential income generation, cost savings, replacement costs, intended use and need. Price analysis shall be determined by State Certified Appraisers, licensed real estate professionals or by Department employees with expertise suitable and specific to the real property right(s) considered.
Price analysis means the process of evaluating a prospective price without regard to the contractor’s separate cost elements and proposed profit. Price analysis determines the reasonableness of the proposed subagreement price based on adequate price competition, previous experience with similar work, established catalog or market price, law, or regulation.
Price analysis means the evaluation of price data without analysis of the separate cost components and profits which may assist in arriving at prices to be paid and costs to be reimbursed.
Price analysis means the process of examining and evaluating a proposed price without evaluating its separate cost and profit elements. Price analysis is based on data that are verifiable independently from the offeror’s data.
Price analysis means the evaluation of price data without analysis of the separate cost components and profit.]"Performance Bond" means a promise to pay the obligee (the division) a certain amount if the principal (contractor) fails to meet some obligation, such as fulfilling the terms of a contract. The performance bond protects the obligee (the division) against losses resulting from the principal's failure to meet the obligation. In the event that the obligations are not met, the obligee (the division), will recover its losses via the performance bond.