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PROPRICER™ Insights Blog

ProPricer – Facilitating the Need for Cost and Price Analysis On Spare Parts

Pencil Posted by PROPRICER Team

TEMECULA, Calif., July 10, 2011 —Defense policy makers create new directives for government agencies to perform cost or price analysis on proposed spare parts before exercising an option. In response to a recent DoD IG review, Director of Defense Pricing Shay Assad issued a memorandum to Department of Defense (DoD) acquisition executives and the directors of defense agencies and field activities requiring personnel to obtain and review cost and price analysis for spare parts before exercising an option under firm-fixed priced contracts.

Finally, Contracting officers must perform cost or price analysis of the proposed spare parts using an appropriate sampling technique or requesting field pricing assistance. The contracting officer must include the results of the cost or price analysis in the contract file, and consider the results before exercising any options, Assad concluded.

When reviewing the new policy, makers of ProPricer Government Edition (GE) are quick to highlight the rich feature set of the application, reminding Contracting Offices that ProPricer Government Edition (GE) offers teams a collaborative database environment where bidder cost elements, from resources to parts, can be analyzed in a variety of different ways and at different levels with ease. The product’s “Project” feature group allows evaluators to set up and review multiple offerors side-by-side, including a sample, in a fraction of a time it takes to compile a complex network of spreadsheets, thereby saving valuable man hours, increasing accuracy, and leaving more time for critical analysis of the data.

Topics: PROPRICER news, press release

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