Statutes, codes, and regulations
Code of Federal Regulations
Title 41 - PUBLIC CONTRACTS AND PROPERTY MANAGEMENTSubtitle C - FEDERAL PROPERTY MANAGEMENT REGULATIONS SYSTEMChapter 105 - GENERAL SERVICES ADMINISTRATIONPart 105-72 - UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS
Subpart 105-72.50 - POST-AWARD REQUIREMENTS/PROCUREMENT STANDARDS
Section 105-72.505 - Cost and price analysis

41 C.F.R. § 105-72.505

Download
PDF
Current through September 30, 2024
Section 105-72.505 - Cost and price analysis

Some form of cost or price analysis shall be made and documented in the procurement files in connection with every procurement action. Price analysis may be accomplished in various ways, including the comparison of price quotations submitted, market prices and similar indicia, together with discounts. Cost analysis is the review and evaluation of each element of cost to determine reasonableness, allocability and allowability.

41 C.F.R. § 105-72.505