Utah Admin. Code 33-112-604

Current through Bulletin No. 2024-21, November 1, 2024

Section R33-112-604 - Cost Analysis

Cost analysis includes the verification of cost data. Cost analysis may be used to evaluate:

(1) specific elements of costs;

(2) total cost of ownership and life-cycle cost;

(3) supplemental cost schedules;

(4) market basket cost of similar items;

(5) the necessity for certain costs;

(6) the reasonableness of allowances for contingencies;

(7) the basis used for allocation of indirect costs; and

(8) the reasonableness of the total cost or price.

Utah Admin. Code R33-112-604

Adopted by Utah State Bulletin Number 2024-15, effective 7/9/2024, exp. 11/6/2024 (Emergency)

Adopted by Utah State Bulletin Number 2024-21, effective 10/22/2024