Price Analysis
The process of examining and evaluating a proposed price without evaluating its separate cost elements and proposed profit.
What is a price analysis?
Two pieces of documentation required for a micro-purchase.
What is a quote and a PR?
This is the threshold for "little" purchases.
What is $15,000?
This is a generic term meaning any written change in the terms and scope of a contract.
What is a mod or revision?
This is where you can find procurement when something goes wrong.
What is under the bus?
This is the easiest way to prove a price fair and reasonable.
What is competition?
Two forms that are required to be current at the time of award at the $45k and $200k dollar values.
What are Debarment and Anti-lobbying Certificates?
This is the dollar threshold where DPAS must be flowed to the supplier if applicable.
What is $175k?
Changes affecting quantities, cost, delivery, schedules, specifications, etc. require this the to occur with the PO.
What is rolling a revision?
This is the document that authorizes a purchase to be made.
What is a Purchase Requisition or ERP demand?
When using this price analysis technique, the previous price is adjusted for quantity and time.
What is a historical comparison/escalation?
This is the documentation required when using historical pricing.
What is previously justified PO and Price Analysis?
This is the threshold known as the Simplified Acquistion Threshold (SAT).
What is $125k?
A change in stock date, point of contact, RTV, etc.
What is an administrative change?
This type of contract is used by the USG to bring in non-traditional defense contractors.
What is an OTA/Other Transaction Authority or Agreement?
This is used to justify a price when Certified Cost or Pricing Data is not required.
What is a price analysis or cost analysis?
Formal documentation over $250k of cost savings, modified terms and conditions, profit and fee, etc. prior to PO placement.
What is Memorandum of Negotiation?
This is the threshold where a small business subcontracting plan is required.
What is $900,000?
This will require the buyer to roll a revision on the PO and have the supplier sign in acknowledgement.
What is a change that impacts the rights of either party?
This act requires reporting of executive compensation on POs issued for AFSAT, SSAT, and ASAP over $40k.
What is FFATA/Federal Funding Accountability and Transparency Act?
This is required if comparing proposed pricing to similar items.
What is a technical evaluation?
A technical evaluation is required to support this type of Commercial Item Assertion.
What is of-a-type or minor modified?
This is the threshold when a cost analysis and a price analysis are required.
What is $2.5M?
This is the value you must consider when there are additions and subtractions in the same change order.
What is the absolute value?
These types of items do not require a supplier to have a cyber cert or CMMC certification.
What are COTS items?