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? [Select three that apply] E The prime contractor and applicable subcontractors will have to certify that their cost or pricing data are accurate. complete, and current. I: The prime contractor 1will have to flow clown the requirement for certied cost or pricing data to its applicable subcontracts. E If the prime contractor was unaware that one of its subcontractors knowingly submitted defective pricing: then the subcontractor may be assessed a double penalty. Cl lfthe prime contractor or subcontractor knowingly submits defective pricing, then the penalty charged to the prime contractor may be doubled
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