Price Analysis Clause Samples

A Price Analysis clause establishes the process by which the fairness and reasonableness of a contract's pricing will be evaluated. Typically, this involves comparing proposed prices to market rates, historical prices, or prices offered by other vendors for similar goods or services. The clause ensures that the buyer is not overpaying and that the pricing structure is transparent and justifiable, thereby protecting both parties from disputes over cost and promoting fair competition.
Price Analysis. In May 2022, DGS issued a request for quotes from cooperative purchasing organizations that offer OneLogin. DGS received 1 quote from NASPO/SHI for $100,886.60/Year for a one-year term for the software subscription with OnePrime 247 Support included. The quote submitted was based on the scope of work SPS provided. In 2019, DoIT awarded a OneLogin contract to SHI for a total of
Price Analysis. Delete the fourth sentence and Substitute “Price Analysis forms are available from the Authority’s Project Engineer.” Delete the (8th) last paragraph that begins with “Due to the cost and effort associated with development…”, in its entirety.
Price Analysis. In all instances other than those described in paragraph (a)(1) of this section, the recipient must perform a price analysis to determine the reasonableness of the proposed contract price.
Price Analysis. The propose pricing will be evaluated using one or more of the techniques defined in FAR 15.404 in order to determine if they are complete and reasonable. The Government will determine completeness of the Offeror’s proposal by verifying that all solicitation requirements have been priced, figures are correctly calculated, and offerors use the Task Order Pricing Template and MES-C Pricing Template.
Price Analysis. The Intergovernmental Cooperative Purchasing Agreement and FIDM Alliance Agreement provides the State of Maryland with a favorable pre-determined pricing structure promoting administrative efficiencies to meet the above-mentioned mission critical initiatives of the Child Support Administration. With the Department continuing within the Alliance, all FIDM Alliance participants pay the same rate thereby allowing each state to benefit from the volume of all states.
Price Analysis. For purposes of evaluation of prices, reasonableness of cost will be based on the trade-off process in selecting the offer that is most advantageous. The trade-off process is a method of evaluating price and other factors as specified in the solicitation to select the offer that provides the best value to the Government. This process permits trade-offs between price and technical factors. It allows the Government to accept other than the lowest priced offer or the highest technically scored offer.
Price Analysis. In accordance with CNICINST 7043.1 CH1, the proposed prices will be examined and evaluated without evaluating its separate cost elements and proposed profit. Techniques include, but are not limited to the following: Comparison of proposed prices received in response to the solicitation. Comparison of previously proposed prices and contract prices with current proposed prices for the same or similar services, if both the validity of the comparison and the reasonableness of the previous price(s) can be established. Comparison of proposed prices with Independent Government Cost Estimate.
Price Analysis. The process of evalu- ating a prospective price without re- gard to the contractor’s separate cost elements and proposed profit. Price analysis determines the reasonableness of the proposed contract price based on adequate price competition, previous experience with similar work, estab- lished catalog or market price, law, or regulation.
Price Analysis. The Government will perform a price analysis in accordance with FAR 15.404-1(b) procedures.

Related to Price Analysis

  • Escrow Analysis If applicable, with respect to each Mortgage Loan, the Seller has within the last twelve months (unless such Mortgage was originated within such twelve month period) analyzed the required Escrow Payments for each Mortgage and adjusted the amount of such payments so that, assuming all required payments are timely made, any deficiency will be eliminated on or before the first anniversary of such analysis, or any overage will be refunded to the Mortgagor, in accordance with RESPA and any other applicable law;

  • Risk Analysis The Custodian will provide the Fund with a Risk Analysis with respect to Securities Depositories operating in the countries listed in Appendix B. If the Custodian is unable to provide a Risk Analysis with respect to a particular Securities Depository, it will notify the Fund. If a new Securities Depository commences operation in one of the Appendix B countries, the Custodian will provide the Fund with a Risk Analysis in a reasonably practicable time after such Securities Depository becomes operational. If a new country is added to Appendix B, the Custodian will provide the Fund with a Risk Analysis with respect to each Securities Depository in that country within a reasonably practicable time after the addition of the country to Appendix B.

  • Quantitative Analysis Quantitative analysts develop and apply financial models designed to enable equity portfolio managers and fundamental analysts to screen potential and current investments, assess relative risk and enhance performance relative to benchmarks and peers. To the extent that such services are to be provided with respect to any Account which is a registered investment company, Categories 3, 4 and 5 above shall be treated as “investment advisory services” for purposes of Section 5(b) of the Agreement.”

  • Independent Analysis Each Party hereby confirms that its decision to execute this Agreement has been based upon its independent assessment of documents and information available to it, as it has deemed appropriate.

  • Sampling and Analysis The sampling and analysis of the coal delivered hereunder shall be performed by Buyer upon delivery of the coal to Buyer’s facility, and the results thereof shall be accepted and used as defining the quality and characteristics of the coal delivered under this Agreement and as the Payment Analysis. All analyses shall be made in Buyer’s laboratory at Buyer’s expense in accordance with ASTM standards where applicable, or industry-accepted standards in other cases. Samples for analyses shall be taken in accordance with ASTM standards or other methods mutually acceptable to both parties. Seller shall transmit its “as loaded” quality analysis to Buyer as soon as possible. Seller’s “as-loaded” quality shall be the Payment Analysis only when Buyer’s sampler and/or scales are inoperable, or if Buyer fails to obtain a sample upon unloading. Seller represents that it is familiar with Buyer’s sampling and analysis practices, and that it finds them to be acceptable. Buyer shall notify Seller in writing of any significant changes in Buyer’s sampling and analysis practices. Any such changes in Buyer’s sampling and analysis practices shall, except for ASTM or industry-accepted changes in practices, provide for no less accuracy than the sampling and analysis practices existing at the tune of the execution of this Agreement, unless the Parties otherwise mutually agree. Each sample taken by Buyer shall be divided into four (4) parts and put into airtight containers, properly labeled and sealed. One (1) part shall be used for analysis by Buyer. One (1) part shall be used by Buyer as a check sample, if Buyer in its sole judgment determines it is necessary. One (1) part shall be retained by Buyer until thirty (30) days after the sample is taken (“Disposal Date”), and shall be delivered to Seller for analysis if Seller so requests before the Disposal Date. One (1) part (the “Referee Sample”) shall be retained by Buyer until the Disposal Date. Seller shall be given copies of all analyses made by Buyer by the fifth (5th) business day of the month following the month of unloading. In addition, Buyer shall send Seller weekly analyses of coal unloaded at Buyer’s facilities. Seller, on reasonable notice to Buyer, shall have the right to have a representative present to observe the sampling and analyses performed by Buyer. Unless Seller requests an analysis of the Referee Sample before the Disposal Date, Buyer’s analysis shall be used to determine the quality of the coal delivered hereunder and shall be the Payment Analysis. The Monthly Weighted Averages of specifications referenced in §6.1 shall be based on the individual Shipment analyses. If any dispute arises with regard to the analysis of any sample before the Disposal Date for such sample, the Referee Sample retained by Buyer shall be submitted for analysis to an independent commercial testing laboratory (“Independent Lab”) mutually chosen by Buyer and Seller. For each coal quality specification in question, if the analysis of the Independent Lab differs by more than the applicable ASTM reproducibility standards, the Independent Lab results will govern, and the prior analysis shall be disregarded. All testing of the Referee Sample by the Independent Lab shall be at requestor’s expense unless the Independent Lab results differ from the original Payment Analysis for any specification by more than the applicable ASTM reproducibility standards as to that specification. In such case, the cost of the analysis made by the Independent Lab shall be borne by the party who provided the original Payment Analysis.