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Would you perform a cost realism analysis on a non-competitive proposal or modification to a cost contract? The far language on cost realism at FAR 15.404-1 lends itself to a competitive acquisition with terminology like "best value" and "The probable cost is determined by adjusting each offeror’s proposed cost". The DoD guide also states "When evaluating competitive offers" Just wondering if cost realism analysis is required in a non-competitive environment such as a modification to a cost contract (increased effort).
This is my first post, but I've read with interest a number of threads discussing similar issues. I'm excited to hear your feedback on this. I understand that 52.222-43 requires the contractor to warrant that wage escalations in the proposal do not include an allowance for adjustments that would automatically be made under -43 to compensate for revised Wage Determinations. 1. My general question is: under this FAR, when would I be allowed to escalate wages, and when would I be allowed to submit a proposal with flat wages? I'm thinking the answer turns on whether or not the wages proposed are