Common use of Pricing Model Clause in Contracts

Pricing Model. The goal of the Cost/Price templates is to provide a comprehensive working model of the Offeror’s Cost/Price Proposal in an automated format. The pricing model is designed to facilitate changes to source data such as direct labor hours and/or rates and be sophisticated enough to compute the total impact of various changes to both cost and price. It is important that the Cost/Price templates ensure fidelity and are error free.

Pricing Model. The goal of the Cost/Price templates is to provide a comprehensive working model of the Offeror’s Cost/Price Proposal in an automated format. The pricing model is designed to facilitate changes to source data such as direct labor hours and/or rates and be sophisticated enough to compute the total impact of various changes to both cost and price. It is important that the Cost/Price templates ensure fidelity and are error free.changes