Mary Ann Wangemann's blog
When does the government require CAS compliance?
A contract can either be exempt from CAS coverage or CAS coverage applies and a disclosure statement must be submitted. Reasons that the government may exempt a contract or subcontract from CAS coverage include size of the business unit; dollar amount of contract award; small business ...
How does the government determine if the contractor's costs are compliant?
The government must first determine if the contract is covered by the Cost Accounting Standards (CAS) that are issued by the Cost Accounting Standards Board (CASB). The CASB is made up of the Office of Federal Procurement Policy (OFPP) Administrator; a Department of Defense (DOD) ...
When can the government request other than cost or pricing data?
The government can only require an offeror to submit cost information other than cost or pricing data when the government expects that the offeror will be exempted from submitting certified cost or pricing data but when the government needs cost information to determine price reasonableness or cost ...
What if the contractor submits false data?
If the offeror submits false data that it certifies as true and accurate, it has committed defective pricing. Defective pricing exists when any price, including profit or fee, for any purchase action covered by a Certificate of Current Cost or Pricing data is increased by any significant amount ...
Required submission for certified cost and pricing data
When the contractor submits certified cost and pricing data to the government it must provide: · Solicitation, contract and/or mod number · Name and address of ...
What does the contractor have to provide the government for TINA compliance?
They must provide a cover sheet outlining basic information, for example: · Solicitation, contract and/or mod number · Name and address of ...
Truth in Negotiations Act
The government makes the distinction between cost or pricing data and information other than cost or pricing data to comply with the Truth in Negotiations Act (TINA). Unless there is an exception, TINA requires a contracting officer to obtain cost or pricing data before accomplishing any of ...
What does the term “cost and pricing data” mean?
The government states that cost and pricing data are all facts that, as of the date of price agreement, prudent buyers and sellers would reasonably expect to affect price negotiations significantly. When a contractor is required to submit a certification of current cost and pricing data, they ...
What are the price-related decisions in a negotiated procurement?
The government needs to determine the need for cost information. The contracting officer can ask for additional information to make an evaluation decision The government also needs to determine if it will have discussions with the offerors. Please note, it is assumed that the government will ...
What analysis does the government go through on a sealed bid?
Typically, the government is looking for very specific items when they inspect the bids. They are trying to determine if there are mistakes in bids, unbalanced bids or if there is any need that warrants cancellation of the bid. When the government inspects the bids for mistakes, they ...