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Government Contracts Cost and Pricing: Introduction to the Federal Acquisition Regulation Cost Principles (Part 1)

Government Contracts & Investigations

However, where the cost incurred is not necessary in the absolute sense, some benefit must be shown in order for a cost to be allocable to a Government contract. [29] 33] The CAS govern the measurement, assignment, and allocation of costs to certain types of Government contracts. 2002); see also Stanford Univ. 19] KBR Servs.,

Price 52
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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

So, if the solicitation had language or terms that contemplated the possibility of cost volatility (notwithstanding seeking a fixed price), arguably, offerors should have anticipated the issue as a significant possibility for contract administration. 91, 94 (2002) (price increase is not an out-of-scope mod. 160 at 165. [64]