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Featured Replies

Its a grounds maintenance contract. Is it mandated to draw up a PFR vs an abstract in an 8(a) recompete contract.

What is a “PFR”?

This is a question better suited for your Contracting Officer. Your agency FAR supplement or local procedures should prescribe what form of price analysis documentation is required based on dollar thresholds and governing FAR part (e.g., Price Negotiation Memorandum (PNM) for part 15 vs. Price Fair and Reasonable (PFR) memo or other streamlined documentation for part 13). An abstract is only required by the FAR for part 14; however, the term abstract is commonly used to describe any basic record of quotes/offers received which could be combined with price analysis serving as your determination of a fair and reasonable price. Without knowing what FAR part governs and what your agency supplements/local procedures prescribe, this question can't be answered without additional info.

On 1/10/2026 at 9:35 AM, Joe Bernier said:

Your agency FAR supplement or local procedures should prescribe what form of price analysis documentation is required based on dollar thresholds and governing FAR part (e.g., Price Negotiation Memorandum (PNM) for part 15 vs. Price Fair and Reasonable (PFR) memo or other streamlined documentation for part 13).

Can you provide an example? I don't think I've ever seen or heard of a FAR supplement prescribing the form that a price analysis must take.

5 hours ago, FrankJon said:

Can you provide an example? I don't think I've ever seen or heard of a FAR supplement prescribing the form that a price analysis must take.

For a FAR supplement example, DARS 5815.406-3 includes tables referencing various agency templates depending on the FAR part used.

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