Myth-Information: Price Analysis is Always Required in Don Mansfield's Blog A blog by Don Mansfield Posted July 28, 2009 · Report reply Hi, NavyKGuy, Thanks for commenting. Your argument fails to address two key questions: If the FAR required price analysis always, then 1) why would it qualify the price analysis requirement at FAR 15.404-1(a)(2) with "when cost or pricing data are not required" and 2) why the use of "should" at FAR 15.404-1(a)(3)? In order to perform a price analysis, you need some basis of comparison. However, there can be situations where such information is not available because the supply or service being purchased is so unique. In such situations, the contracting officer would have to rely on cost analysis alone to determine a fair and reasonable price. My point is simply that, despite what many people think, the FAR does not require price analysis for all acquisitions. If this blog entry caused some people to open up the FAR and rethink what they had been told or taught about the FAR, then perhaps they will be less likely to take what they are told or taught at face value. In general, I don't think that we (members of the Federal contracting community) do a good job at scrutinizing information--we tend to believe what we hear if it sounds reasonable or if it is spoken or written by someone of "experience." This is why our field is so rich with misinformation. While this is fun to write about, it's also somewhat disheartening. I'd prefer having less material.