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Total Evaluated Price

Thursday, January 25, 2018 12:00am - 1:30am EST  
Host: NCMA

Abstract:
The U.S. government uses a variety of methods to analyze cost and price during source selection. This session examines policies and issues related to assessing reasonableness, realism, and balanced pricing in these competitive procurements. Differences between fixed-price and cost-type contracts will be discussed, as well how the government’s estimate of “most probable cost” is typically developed and applied.

Key Takeaways:

  • Price and cost analysis techniques used in U.S. government source selection
  • Insight into the specific types of adjustments made to proposed prices by the government for purposes of evaluation
  • How pricing practices are impacted by U.S. Government Accountability Office decisions 

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