(m) Requirements for Certified Cost or Pricing Data and Data Other Than Certified Cost or Pricing Data-Modifications. Should-cost reviews differ from traditional evaluation methods because they do not assume that a contractors historical costs reflect efficient and economical operation. ARCHIVED 2029 00 (2005-06-10) General Conditions - Goods or Services (Low Dollar Value) Remarks: Use the following general conditions for Low Dollar Value Competitive and Non-Competitive requirements, for goods or services. Statement of need -FAR 13.104 - Contracting Officer must promote competition: The median Series A deal had a pre-money valuation of $20 million. This clause also provides instructions to contractors on how to request an exception from the requirement to submit certified cost or pricing data. The greatest risks associated with unbalanced pricing occur when-. Column(2) minus Column(3) equals Column(4). (a) The exercise of an option at the price established at contract award or initial negotiation does not require submission of certified cost or pricing data. Option was synopsized IAW FAR Part 5 Enter those necessary and reasonable costs that in your judgment will properly be incurred in completing the remaining work to be performed under the contract with respect to the item(s) to which your proposal relates. The contracting officers objective is to negotiate a contract of a type and with a price providing the contractor the greatest incentive for efficient and economical performance. Capacity is an estimated five-year dollar amount of what an individual could potentially give to the non-profit industry as a whole. Purpose. (3) The first two techniques at 15.404-1(b)(2) are the preferred techniques. plan, develop, execute. (A) Use the basic clause in solicitations and contracts when the estimated value equals or exceeds $100,000, but is less than $182,000 [183, 000] (*. Cost - the cost of the purchased software 12. excluded. These include such costs as preproduction engineering, special plant rearrangement, training program, and any identifiable nonrecurring costs such as initial rework, spoilage, pilot runs, etc. 23E. Specify the total estimated dollar value of the acquisition, inclusive of options, and the total performance/delivery period. (3) When required by paragraph (c) of this subsection, submit subcontractor certified cost or pricing data to the Government as part of its own certified cost or pricing data.