Cost and Pricing Data definition

Cost and Pricing Data means detailed back-up information regarding the basis for Proposer’s cost estimates for development, design, construction, operations, and maintenance of the Project. Cost and Pricing Data shall include supporting data, technical memoranda, calculations, formulas, unit and materials prices (if applicable) and such other cost, charge and fee information used by Proposer in the creation and derivation of its Proposal, including copies of all offers and all data and information received from all Subcontractors (at all tiers) identified in the Proposal and any other
Cost and Pricing Data means the detailed back-up information regarding the basis for the Apparent Best Value Proposer’s cost estimates for design, construction, operations and maintenance of the Project, including copies of all offers and all data and information received from all Contractors (at all tiers) identified in the Proposal and any other potential Contractors that provided data and information used as the basis for
Cost and Pricing Data means all facts that, as of the date of price agreement, or, if applicable, an earlier date agreed upon between the parties that is as close as practicable to the date of agreement on price, prudent buyers and sellers would reasonably expect to affect price negotiations significantly. “Cost Reimbursement Agreement” is an Agreement where a vendor is paid for all of its allowed expenses, plus additional payment to allow for a profit. Cost-reimbursement contracts contrast with fixed-price contract, in which the Contractor is paid a negotiated amount regardless of incurred expenses.

Examples of Cost and Pricing Data in a sentence

  • Delete Article 25, Cost and Pricing Data, of the Standard Contract Provisions dated July 2010 for use with District of Columbia Government Supplies and Services Contracts.

  • If adequate price competition does not exist and none of the exceptions under FAR 15.403-1(b) apply, the OCO must request a Certificate of Current Cost and Pricing Data in accordance with FAR 15.403-4.

  • Delete clause 25, Cost and Pricing Data, of the Standard Contract Provisions dated July 2010 for use with District of Columbia Government Supplies and Services Contracts.

  • Seller shall be given the option to submit Certified Cost and Pricing Data to PROS V Contracts Office or directly to AFSAC PROS Contracting Office for evaluation.

  • Seller shall be notified by PROS V BUYER if Cost and Pricing Data shall be required.

  • SELLER shall be notified by PROS V BUYER if Cost and Pricing Data shall be required.

  • SELLER shall be given the option to submit Certified Cost and Pricing Data to PROS V Contracts Office or directly to AFSAC PROS Contracting Office for evaluation.

  • Where required, these orders may be subject to Cost Accounting Standards, Disclosure Statements, Clean Air and Water Certificates, Certificates of Current Cost and Pricing Data and other Public Laws and Government Regulations.

  • In no event shall Government clauses regarding "Rights in Data" or "Subcontractor Cost and Pricing Data" be incorporated herein.

  • Competition is anticipated therefore Certified Cost and Pricing Data are not currently required in accordance with FAR 15.403-1(b)(3); however, the Government reserves the right to request such data prior to award if none of the exemptions in FAR 15.403-1(b) apply.


More Definitions of Cost and Pricing Data

Cost and Pricing Data means information concerning the actual or estimated
Cost and Pricing Data means information concerning the actual or estimated cost of labor, material, overhead, and other cost elements that have been actually incurred or that are expected to be incurred by the contractor in performing the contract;
Cost and Pricing Data means all facts that, as of the date of price agreement, or, if applicable, an earlier date agreed upon between the parties that is as close as practicable to the date of agreement on price, prudent buyers and sellers would reasonably expect to affect price negotiations significantly.