Pricing Data Statute News Today

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. The March 2023 Cost Corner...

Welcome back to the Cost Corner, providing practical insight into the complex cost and pricing requirements that apply to government contractors.

Summer is here and we’re back with another edition of the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government...

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing regulations that apply to Government contractors.

TINA Truth in Negotiations Act requires government contractors disclose their costs and prices government when submitting costs for a project. TINA violations have five components the government must prove to penalize contractors, receive reimbursement for dishonest pricing.

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing regulations that apply to Government contractors. This is the second installment of...

Welcome back to the Cost Corner, where we address the complex cost and pricing regulations that apply to Government contractors. The last edition of the Cost Corner...

TINA defines cost or pricing data to include all facts that, as of the date of agreement on price … or … another date agreed upon between the parties, a prudent buyer or seller would reasonably expect to affect price negotiations significantly.

Welcome back to the Cost Corner, where we address the complex cost and pricing regulations that apply to Government contractors. The last edition of the Cost Corner provided an overview...

Most US industries are not subject to cost and pricing regulations. Government contracting is an exception. In commercial marketplace prices are determined by supply and demand. Government requires cost and pricing data to determine whether seller’s price is fair.