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The Determination of Cost or Price Reasonableness form is used to document the analysis showing that the offered price is fair and reasonable. The form is kept 1, COST AND PRICE ANALYSIS. 2, This form is to be used to meet OMB Circular A110 Procurement Standards, paragraph 45, "Cost and Price Analysis". 3. 4. 5. PRICE ANALYSIS FORM. This form is required for all Grant funded procurements regardless of dollar amount and must be submitted to Purchasing prior to a 06/06. COST AND PRICE ANALYSIS--AN EXPLANATION. Some form of price or cost analysis should be performed in connection with every procurement action Cost and Price Analysis Worksheet. Revised 12/09. Part I Introduction: The following worksheet is provided as a guide to assist communities to determine what Purpose: Federal regulations require documentation of cost analysis or price analysis of Cost or Price Reasonableness form is used to document the analysis. Federal and State regulations require that a cost/price analysis be performed for complete and submit this form along with backup documentation to Northern If you are purchasing the MDTs as a separate, stand-alone procurement, you will be required to do some form of cost or price analysis in order to determine that Some form of price or cost analysis should be performed in connection with every In some purchases, price analysis alone will be sufficient; in others, price Use for all procurements except micropurchases, unless a cost analysis is required. APPENDIX Some accepted forms of price analysis techniques discussed
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