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CERTIFICATE OF CURRENT COST OR PRICING DATA (198) This is to certify that, to the best of my knowledge and belief, the cost or pricing data (as defined in Section 15.401 of the Federal Acquisition

How to fill out G Certificate of Current Cost or Pricing

How to fill out G Certificate of Current Cost or Pricing

1. Obtain a copy of the G Certificate of Current Cost or Pricing form.
2. Review the instructions provided with the form carefully.
3. Gather necessary documentation relevant to your pricing, such as invoices, contracts, and financial records.
4. Fill out the identification section with your company details, including name, address, and DUNS number.
5. Specify the period for which you are certifying the cost or pricing data.
6. Complete the cost data sections accurately, including both direct and indirect costs.
7. Ensure all calculations are correct and align with the gathered documentation.
8. Provide any explanations necessary for the costs, including variances from typical pricing.
9. Obtain the necessary approvals from management or authorized personnel.
10. Sign and date the certificate to verify the information provided is accurate and complete.

Who needs G Certificate of Current Cost or Pricing?

1. Organizations that are bidding on or negotiating contracts with the government.
2. Contractors who are required to certify the accuracy of their cost or pricing data under certain contracts.
3. Businesses seeking to demonstrate their compliance with government pricing regulations.

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What is G Certificate of Current Cost or Pricing?

The G Certificate of Current Cost or Pricing is a document required by the U.S. government that certifies the accuracy, completeness, and currentness of cost or pricing data submitted by contractors during contract negotiations.

Who is required to file G Certificate of Current Cost or Pricing?

Contractors who submit cost or pricing data in connection with government contracts are required to file the G Certificate of Current Cost or Pricing.

How to fill out G Certificate of Current Cost or Pricing?

To fill out the G Certificate, contractors must provide a declaration affirming that the cost or pricing data provided is accurate, complete, and current, and include details about the data and the date it was last updated.

What is the purpose of G Certificate of Current Cost or Pricing?

The purpose of the G Certificate is to ensure that the government receives accurate and reliable cost data, which is essential for negotiating fair and reasonable contract prices.

What information must be reported on G Certificate of Current Cost or Pricing?

The information that must be reported includes a statement of the contractor's cost or pricing data, a certification of its accuracy, completeness, and currentness, and any relevant supporting documentation that backs up the claims made.