2815. PRICE ANALYSIS

2815 PRICE ANALYSIS 2815.1 The contracting officer shall perform a price analysis in every procurement to examine and evaluate a proposed price to determine its reasonableness without evaluating separate cost elements and proposed profit. 2815.2 The analysis may be performed using one or more of the following techniques: (a) Comparison of price quotations received in response to the solicitation; (b) Comparison of prior quotations and contract prices with current quotations for the same or similar end items; (c) Application of rough yardsticks (such as dollars per pound, or other units) to highlight significant inconsistencies that warrant additional pricing inquiry; (d) Comparison with competitive published price lists, published market prices of commodities, similar indexes, and discounts or rebate arrangements; and (e) Comparison of proposed prices with independent Board cost estimates. 2815.3 Price analysis shall also be used to determine the truth of a representation that certain items are commercial items with established catalog or market prices sold in substantial quantities to the general public and that, as a consequence, the quoted price is reasonable. SOURCE: Final Rulemaking published at 37 DCR 4081, 4097-98 (June 22, 1990).