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.
Welcome to the Cost Corner. This is the first in a series of articles exploring the complex cost and pricing regulations that apply to government contractors. This article provides an.