Not every Government procurement requires contractors to submit certified cost or pricing data. In fact, certified cost or pricing data is a last resort when one of the exemptions described in FAR 15.403-1 is not available (e.g. adequate price competition, prices set by law or regulation, commercial items, etc). When certified cost or pricing data is required, the threshold is currently set at $750 thousand (see FAR 15.403-4).
New Regulation Formalizes Ombudsman Practice and Identity for IDIQ Contracts
An ‘ombudsman’ is an official charged with addressing and/or investigating the interests of individuals’ or companies’
