Difference between revisions of "Cost and Pricing Data (Proprietary) Policy"
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==Background== | ==Background== | ||
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| + | Larger Upper Tier US Government Contractors limit cost and pricing data to government channels. They do not disclose cost and pricing data to their prime contractors. They can do this as they have the relationship with government auditors such as DCAA and DCMA and have approved Forward Pricing Rate Agreements. For Lower Tier US Government Contractors it is more difficult to limit cost and pricing data to government channels. They do not have forward pricing rate agreements and their cost proposals often times is less that 5 or 10% of the total cost of the prime contract and the government does not have the resources, or is unwilling to commit the resources to low risk audits. In cases where the government is willing to audit, the timing prevents the prime or upper tier contractor to awarding the subcontract in a timely fashion. | ||
==Purpose and Scope== | ==Purpose and Scope== | ||
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| + | The purpose of this policy is to ensure GovC's cost and pricing information is protected and provide methodologies in which the information is protected while providing for the timely award of it's subcontracts. | ||
==Responsibilities== | ==Responsibilities== | ||
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| + | Contracts is responsible for the administration of this policy. | ||
==Policy== | ==Policy== | ||
Revision as of 07:58, 21 December 2015
Contents |
Background
Larger Upper Tier US Government Contractors limit cost and pricing data to government channels. They do not disclose cost and pricing data to their prime contractors. They can do this as they have the relationship with government auditors such as DCAA and DCMA and have approved Forward Pricing Rate Agreements. For Lower Tier US Government Contractors it is more difficult to limit cost and pricing data to government channels. They do not have forward pricing rate agreements and their cost proposals often times is less that 5 or 10% of the total cost of the prime contract and the government does not have the resources, or is unwilling to commit the resources to low risk audits. In cases where the government is willing to audit, the timing prevents the prime or upper tier contractor to awarding the subcontract in a timely fashion.
Purpose and Scope
The purpose of this policy is to ensure GovC's cost and pricing information is protected and provide methodologies in which the information is protected while providing for the timely award of it's subcontracts.
Responsibilities
Contracts is responsible for the administration of this policy.
