15 C.F.R. § 14.45 Cost and price analysis.
Title 15 - Commerce and Foreign Trade
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 indicia, together with discounts. Cost analysis is the review and evaluation of each element of cost to determine reasonableness, allocability and allowability.
Title 15: Commerce and Foreign Trade
PART 14—UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, OTHER NON-PROFIT, AND COMMERCIAL ORGANIZATIONS
Subpart C—Post-Award Requirements
Procurement Standards
§ 14.45 Cost and price analysis.
