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Practical Guidance for Price Analysis

Description:  
Price analysis is a fundamental task of every acquisition. Contracting officers and primes must purchase goods and services at fair and reasonable prices as determined through price analysis. Even with competition, confirming and documenting price reasonableness can be a confusing task. Join us in this previously recorded webinar as we review the seven price analysis techniques addressed in FAR 15.404-1(b)(2) and some practical tips for evaluating different types of products and services. We'll discuss the composition of and factors that affect prices.

Learning Objectives:

  • Choose between seven price analysis techniques
  • Describe factors that affect prices
  • Define components of prices
  • Apply price analysis documentation best practices
CMBOK Competencies5.11, "Price Analysis"

Level of Difficulty: Intermediate

Intended AudienceGovernment contract sellers (industry). Also a useful perspective for government buyers.

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