PNWC's Government Contracting Update

Bid Protests Involving Government Cost Analysis “Alleged” Deficiencies | PNWC’s Government Contracting Update

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Cost analysis is the review and evaluation of any separate cost elements and profit or fee in an offeror’s or contractor’s proposal, as needed to determine a fair and reasonable price or to determine cost realism, and the application of judgment to determine how well the proposed costs represent what the cost of the contract should be, assuming reasonable economy and efficiency.

Source: PNWC’s Government Contracting Update: Bid Protests Involving Government Cost Analysis “Alleged” Deficiencies

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