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Which one of the following price analysis techniques is normally used to establish a fair and reasonable price when multiple offers are received in response

Which one of the following price analysis techniques is normally used to establish a fair and reasonable price when multiple offers are received in response to a solicitation? (5 Points) Use of parametric estimating or cost estimating relationships Comparison of proposed prices with the independent Government cost estimate (IGCE) Comparison with published competitive price lists, market prices, similar indexes, and discount or rebate arrangements Comparison of proposed prices received in response to the solicitation

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