Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The project manager needs to complete a price analysis for a federal government project to determine if the sellers' proposals that were received in response
The project manager needs to complete a price analysis for a federal government project to determine if the sellers' proposals that were received in response to an RFP are fair and reasonable. All of the following are acceptable price analysis techniques in accordance with FAR 15.402 EXCEPT: Question 46 options: Use information provided informally by a work colleague who was assigned to the procurement office in another government agency. Use parametric estimating that enables estimating of prices for similar items based on the relationship of past prices with one or more product characteristics. Use competitive, published price lists such as federal supply schedules, blanket purchase agreements, or catalogs Use the historical price of a product or service that was purchased before
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started