Management of the Department of Defense: Defective pricing under the Truth-in-Negotations Act; April 14, 1983U.S. Government Printing Office, 1983 - Defense contracts |
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Common terms and phrases
accounting court Acquisition Air Force ANSWER Armed Services Board ASBCA auditors award believe Board of Contract Certificate of Current Chairman ROTH clause Committee CONGRESS THE LIBRARY Contract Appeals Contract Audit Agency contract price contracting officer contracting officer's contractor Cost Accounting Standards cost or pricing Court of Claims DCAA audit DCAA reported DCAA's defective cost defective data defective pricing amount defective pricing audits defective pricing compliance defective pricing reports defective pricing reviews Defense Contract Audit Department of Defense determine disclose estimating evaluation FIELD PRICING REPORT forward pricing furnished GORDON identified included issued KINLIN LIBRARY OF CONGRESS million Negotiations Act nondisclosure offsets percent postaward price adjustment pricing data pricing data submitted pricing proposals Public Law Question reasonable recommended reduced regulation Response result Secretary of Defense Section XV Cost Senator COHEN Senator LEVIN setoffs settlement STARRETT subcontractor Subcontractor Cost Sylvania Electric Products threshold Truth in Negotiations VANDER SCHAAF
Popular passages
Page 91 - Defense to procure supplies and services from responsible sources at fair and reasonable prices calculated to result in the lowest ultimate over-all cost to the Government.
Page 102 - Describe the proposal, quotation, request for price adjustment or other submission involved, giving appropriate identifying number (eg, RFP No...: ) ••The effective date shall be the date when price negotiations were concluded and the contract price was agreed to. The responsibility of the contractor is not limited by the personal knowledge of the contractor's negotiator if the contractor had information reasonably available at the time of agreement, showing that the negotiated price is not based...
Page 55 - That the requirements of this subsection need not be applied to contracts or subcontracts where the price negotiated is based on adequate price competition, established catalog or market prices of commercial items sold in substantial quantities to the general public, prices set by law or regulation or, in exceptional cases where the head of the agency determines that the requirements of this subsection may be waived and states in writing his reasons for such determination.
Page 261 - The contractor shall be required to submit only one certificate which shall be submitted as soon as practicable after agreement is reached on the contract or modification price. CERTIFICATE OF CURRENT COST OR PRICING DATA...
Page 143 - Need For Post-Award Audits to Detect Lack of Disclosure of Significant Cost or Pricing Data Available Prior to Contract Negotiation and Award...
Page 90 - ... the right to examine those books, records, documents and other supporting data which will permit adequate evaluation of the cost or pricing data submitted, along with the computations and projections used therein, which were available to the Contractor as of the date of execution of his Contractor's Certificate of Current Cost or Pricing Data.
Page 92 - Prior to negotiation of a contract or modification resulting from a proposal in excess of $100,000...
Page 111 - It shall be the duty and obligation of the members of the Armed Services Board of Contract Appeals to decide appeals on the record of the appeal to the best of their knowledge and ability in accordance with applicable contract provisions and in accordance with law and regulation pertinent thereto.
Page 220 - In establishing that the defective data caused an increase in the contract price, the contracting officer is not expected to reconstruct the negotiation by speculating as to what would have been the mental attitudes of the negotiating parties if the correct data had been submitted at the time of agreement on price. In the absence of evidence to the contrary the natural and probable consequence of defective data...
Page 92 - ... available to the contracting officer is considered adequate to determine the reasonableness of the proposed cost or price. Whenever available data is considered adequate for a reasonableness determination, the contracting officer shall document the contract file to reflect the basis of the determination.