Book description
This master reference is essential if you contract with the government!Correctly pricing your goods or services—and making certain that those prices are in compliance with myriad federal rules and regulations—is essential to doing business with the government…and ensuring your commercial success. Cost-Based Pricing: A Guide for Government Contractors shows you how to appropriately estimate and price for government contracts and defend those estimates in a government contracting and subcontracting environment. This practical book includes coverage of all government pricing rules and regulations as well as pertinent aspects of related laws, such as the Truth in Negotiations Act.
The book walks you through every step of the estimating process. From figuring direct labor costs to intra-company transfers to contract modifications, the coverage is extensive yet accessible for even those new to the process. Using Cost-Based Pricing, you will be able to:
• Develop more realistic estimates
• Enhance your support of those estimates in negotiations
• Avoid violations of the Truth in Negotiations Act
• Increase your chances of securing a fair and reasonable price
Cost-Based Pricing: A Guide for Government Contractors can make the difference between your success—and profitability—and failure in the federal government arena.
Table of contents
- Cover
- Title Page
- Copyright
- About the Author
- Dedication
- Contents
- Illustrations
- Tables
- Exhibits
- Preface
- Chapter 1: Pricing Concepts
- Chapter 2: Direct-Labor Dollars
- Chapter 3: Direct Material and Subcontract Costs
- Chapter 4: Indirect Costs
- Chapter 5: Other Direct Costs
- Chapter 6: Facilities Capital Cost of Money
- Chapter 7: Profit or Fee
- Chapter 8: Federal Acquisition Regulation Requirements
- Chapter 9: Contract Modifications
-
Chapter 10: Improvement Curves
- Application of the Improvement Curve Concept
- Description of the Improvement Curve
- Fitting the Improvement Curve to Data
- Characteristics of the Improvement Curve
- Improvement Curve Types
- Fitting the Improvement Curve to Lot Data
- Improvement Curve Techniques
- Coefficient of Determination
- Selection of the Curve
- Engineering and Other Changes
- Variations in the Theory
- Chapter 11: Commercial and Market-Based Pricing
- Chapter 12: Defense Contract Audit Agency Proposal Reviews
- Chapter 13: The Truth-in-Negotiations Act (Public Law 87-653)
-
Appendices
- Appendix A: Audit Program for Evaluation of Cost Realism in Price Proposals
- Appendix B: Audit Program for Estimating System Controls
- Appendix C: Audit Program for Audit of Forward Pricing Rate Agreement
- Appendix D: Audit Program for Price Proposal
- Appendix E: Audit Program for Cost Element Review
- Appendix F: Internal Control Matrix for Audit of Estimating System Controls
- Index
Product information
- Title: Cost-Based Pricing
- Author(s):
- Release date: October 2012
- Publisher(s): Berrett-Koehler Publishers
- ISBN: 9781567263718
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