CPRG
Quantitative Techniques for Contract Pricing
What is Volume 2
Price equal Cost plus profit or Fee
What is Price
Price Analysis is one of six techniques that can be used.
What is a Proposal Analysis Technique
The review and evaluation of separate cost elements.
What is Cost Analysis
Has skills to analyze proposed processes, material, etc
What is Technical Specialist
Federal Contract Negotiation Techniques
What is Volume 5
Must determine price is fair an reasonable
What is the Contracting Officer
Ensure the final agreed to price is fair an reasonable
What is Proposal Analysis
Used when certified cost or pricing data is not required
What is Price Analysis and Cost Analysis
Primarily people with training and experience auditing a wide range of activities.
What is DCAA
Cost Analysis
What is Volume 3
Not defined by the FAR
What is Fair and Reasonable Price
Use when certified Cost or Pricing Data is not required by TINA.
What is Price Analysis
The process of independently reviewing and evaluating specific elements of cost estimates
What is Cost Realism Analysis
Agency also has authority to access , audit contractor records
What is the GAO
Advanced Issues in Contract Pricing
What is Volume 4
Price that a prudent buyer would pay
What is a way to determination of PFR.
This will normally establish a Fair and Reasonable price
What is Competition
Accomplished by personnel with specialized knowledge to analyze reasonableness of proposed elements
What is Technical Analysis
People with specialized skills in contracting, engineering, QA, contractor cost, and business forecasting
What is DCMA
Price Analysis
What is Volume 1
Amounts for Contingency are not included
What is a responsibility of the Contracting Officer.
Cost and Price Analysis
What is the Focus of this class
Exists when the overall price appears to be reasonable; however cost or price analysis indicates the price of one or more CLIN is over or understated
What is Unbalanced Pricing
Material Management and Accounting System (MMAS)
What is a Contractor Business System