Guide to contract pricing : cost and price analysis for contractors, subcontractors, and government agencies / John Edward Murphy.

Format:

Book

Author/Creator:

Murphy, J. Edward, author.

Language:

English

Subjects (All):

Government purchasing--United States--Handbooks, manuals, etc.

Government purchasing.

Public contracts--United States--Handbooks, manuals, etc.

Public contracts.

Physical Description:

1 online resource (525 p.)

Edition:

5th ed.

Place of Publication:

Vienna, VA : Management Concepts, [2009]

Language Note:

English

System Details:

Mode of access: World Wide Web.

text file

Summary:

Perform Contracting Successfully!This master reference - in its fifth edition - contains everything you need to know about government pricing rules and regulations in one easy-to-use volume. Guide to Contract Pricing: Cost and Price Analysis for Contractors, Subcontractors, and Government Agencies, Fifth Edition, explains how the government conducts business and walks you through every step of the contracting process. This fully updated edition includes a new chapter on the role of auditors in contract pricing as well as five new detailed appendices. A CD-ROM provides sample forms, templates,

Contents:

Cover; Title Page; Copyright; About the Author; Contents; Preface; Acknowledgments; Chapter 1: Basic Pricing Policy and Concepts; Pricing Restraints in Government Contracting; Use of Public Funds; Promote Full and Open Competition; Pricing Advantages in Government Contracting; The Government Is the Only Buyer; High Volume Purchases; The Government Pays Its Debts; Prompt Payment of Bills; Most Favored Customer Treatment; Cost and Pricing Data; What Is a Fair and Reasonable Price?; Market-Based Prices; Cost-Based Prices; Definition of Cost; Definition of Profit; Definition of Price

Cost-Plus-Profit PricingMore on the Pricing of Commercial Products; Variable (Incremental) Cost Pricing; Price Analysis; Cost Analysis; Adequate Price Competition; A Single Reasonable Offer; Certificate of Independent Price Determination (FAR 3.103-1); Precautions against Buy-Ins; Chapter 2: Contracting Methods and Contract Types: Pricing Implications; Contracting Methods; Sealed Bidding (FAR Part 14); Negotiation (FAR Part 15); Government Contract Types (FAR Part 16); Impact of Cost or Price Evaluation on Contract Type (FAR 15.305(a)(1)); Fixed-Price Contracts (FAR Subpart 16.2)

Cost-Reimbursement Contracts (FAR Subpart 16.3)Simplified Acquisition Procedures (Far Part 13); Price Analysis for Purchases below 100,000; Chapter 3: Price Analysis; Purposes of Price Analysis; Forecasting the Likely Price of an Acquisition; Evaluating Bids, Proposals, and Quotations; Selecting the Bidder or Offeror for Award; Preparing for Price Discussion in Negotiation; Methods for Performing Price Analysis; Price Analysis; Pricing Information Provided By the Offeror; Auxiliary Techniques for Price Analysis; The Best Way to Do Price Analysis

Chapter 4: Cost Principles and Cost ClassificationsCost Accounting; Cost Classifications; Reasonable, Allowable, and Allocable Costs; Variable, Fixed, and Semi-Variable Costs; Direct and Indirect Costs; Cost Principles; Cost Accounting Standards; Chapter 5: obtaining Cost or Pricing data; Obtaining Cost and Pricing Data; Hierarchical Preferences; Exceptions to Cost or Pricing Data Requirements; Cost Analysis and Cost Realism; Cost Analysis; Cost Realism; Obtaining Cost Information; Information Other than Cost or Pricing Data (FAR 15.402(a)(2) and 15.406-2); Certified Cost or Pricing Data

Submission of Cost or Pricing DataPaper or Electronic Data Submission; Identifying the Consequences of Certifying Defective Data; Defective Pricing Examples; Defective Cost or Pricing Data; Contract Clauses; Chapter 6: analysis of direct Labor Costs; Analyzing Direct Labor Costs; Direct Labor Cost; Indirect Labor Cost; Allocation of Labor to Direct or Indirect Cost; How Companies Estimate Direct Labor Costs; Work Breakdown Structures; Phase Diagrams; The Importance of Analyzing Direct Labor Costs; Fixed-Price Contracts; Cost-Reimbursement Contracts; Format for Submitting Direct Labor Costs

General Method for Analyzing Direct Labor Cost

Notes:

Includes index.

Includes bibliographical references (pages [242]-244) and index.

Description based on print version record.

ISBN:

9781523096862

1523096861

9781567263060

1567263062

9781461917236

1461917239