Price analysis.

Price analysis. The process of evaluating a prospective price without regard 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, established catalog or market price, law, or regulation.

Source

40 CFR § 35.6015

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Scoping language

As used in this subpart, the following words and terms shall have the following meanings:

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