14 C.F.R. § 1274.506 Cost and price analysis.
Title 14 - Aeronautics and Space
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 indicies, together with discounts. Cost analysis is the review and evaluation of each element of cost to determine reasonableness, allocability and allowability.
Title 14: Aeronautics and Space
PART 1274—COOPERATIVE AGREEMENTS WITH COMMERCIAL FIRMS
Subpart 1274.5—Procurement Standards
§ 1274.506 Cost and price analysis.