Question
If, during pre-award the Acquisition Team decided to require certified cost or pricing data, what impact will that have on the prime contractor and its
If, during pre-award the Acquisition Team decided to require certified cost or pricing data, what impact will that have on the prime contractor and its subcontractors?
a. if the prime contractor was unaware one of its subcontractors knowingly submitted defective pricing, then the subcontractor may be assessed a double penalty
b. the prime contractor will have to flow down the requirement for certified cost or pricing data to its applicable subcontracts
c. if the prime contractor knowingly submits der\fective pricing, then the penalty charged to the prime contractor may be doubled
d. the prime contractor and applicable subcontractors will have to certify that their cost or pricing data are accurate, complete, and current
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