Utah Admin. Code R33-112-604 - Cost Analysis
Cost analysis includes the verification of cost data. Cost analysis may be used to evaluate:
(1)
specific elements of costs;
(2)
total cost of ownership and life-cycle cost;
(3) supplemental cost schedules;
(4) market basket cost of similar
items;
(5) the necessity for
certain costs;
(6) the
reasonableness of allowances for contingencies;
(7) the basis used for allocation of indirect
costs; and
(8) the reasonableness
of the total cost or price.
Notes
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