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Price Analysis and Fair and Reasonable Pricing topics covered will include:

  • Regulatory requirements and expectations related to price analysis
    • What is price analysis and when is it required?
    • Data requirements – two types of cost and pricing data – Why, when and how TINA (Now TCPD) applies.
  • Ramifications of inadequate price analysis on cost recovery
  • How and when to perform and document price analysis
  • Preparing for the analysis
    • Market research
    • Price related factors and award combinations
  • Comparative analysis techniques including
    • Competition
    • One-offer when more were expected
    • Use of prior paid prices for the same or “of a type” items
    • Parametric comparisons
    • Catalogs and published price lists
    • Federal supply schedules
    • Price set by law
    • Independent estimates
    • Value analysis
    • Requesting and use of Data Other Than Certified Cost Or Pricing Data

Join FORVIS’ Bill Walter for an interactive discussion on current topics in cost & pricing.