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lotus

Index of cost or pricing data

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i ran across a cost or pricing requirement at FAR 15.408, Table 15-2, Section I Paragraph B and am having a hard time visualizing what that would look like, and what to include and what to exclude. 

Facts come from all over the place.  Accounting reports.  Old text books.  Rules of thumb.  Magazine articles.  Yesterday's lunch.  Databases.  Conversations. 

Can anyone point me to an example and provide explanation?

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I made a mess of this post when I was trying to get rid of all the different fonts used.

Bob

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Thanks Don.  It is a reference table for cost buildups.  Maybe that's a start, but it hardly seems to include "all facts."

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lotus, suggest you start with FAR 2.101 definition of "certified cost or pricing data" which discusses what "facts" the government is concerned about. The purpose of the index is to help the government navigate through the (certified) cost or pricing data; the goal is to prevent a contractor from dumping a lot of paper and claiming that it has complied with the disclosure requirement, and then forcing government personnel to find a metaphorical needle in a haystack.

Constructing an index isn't really very hard if your narrative clearly explains the facts and assumptions used to arrive at the proposed price. In fact, here is a narrative template for you to consider using to create your index, provided free of charge:

1. General Background

2. Key Assumptions

3. Direct Labor

4. Direct Material

5. Subcontractors

6. Other Direct Costs

7. Indirect costs

8. Other Matters

I like to use "other matters" for stuff like M&A activity, efficiency studies, and the like.

Hope this helps.

 

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On 11/4/2018 at 9:53 AM, lotus said:

Thanks Don.  It is a reference table for cost buildups.  Maybe that's a start, but it hardly seems to include "all facts."

That model actually complies with the Instructions in FAR Table 15-2. The instructions state:

Quote

The requirement for submission of certified cost or pricing data is met when all accurate certified cost or pricing data reasonably available to the offeror have been submitted, either actually or by specific identification, to the Contracting Officer or an authorized representative.

The exhibits reference specific files where the cost or pricing data are contained and can be furnished "immediately upon request". 

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