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  • Question

    a. Is it appropriate to determine price reasonableness of commercial items by using: A copy of product catalog; consideration of current discount policies and price lists; and, review of sales data for same or similar items b. Are there other ways to determine price reasonableness of commercial items - such as comparison with prior purchase prices? c. Do commercial item price analysis methods vary with purchase dollar value: 100K - 500K - 800K?


    Answer

    a. Yes, those are suitable bases for determining price reasonableness.
    b. Yes (see the response to "a").
    c. No.

    The statement that FAR Part 15 does not apply for commercial item purchases is inaccurate. There are many aspects of FAR Part 15 that apply. The caveat is that FAR Part 12 procedures take PRECEDENCE over FAR Part 15 when acquiring commercial items.

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