(8) Has the contractor done enough Value or rate Examination or rate comparisons and attained certified Price or pricing facts and data aside from Licensed Price or pricing details?Keep knowledgeable with Aprio. Get market news and primary insights shipped straight to the inbox.Make certain that all purchases are according to authorized requisition
The 2-Minute Rule for Contractor Purchasing System Review
. The Contractor shall establish and manage an appropriate purchasing system. Failure to maintain an appropriate purchasing system, as defined in this clause, may perhaps bring about disapproval with the system by the Contracting Officer and/or withholding of payments.The notification shall recognize the revised price of the subcontract hard work a