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This document certifies the accuracy and completeness of cost and pricing data submitted by an offeror in response to a District Request For Proposal (RFP). It outlines the requirements for cost/price
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How to fill out cost price disclosure certification

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How to fill out COST / PRICE DISCLOSURE CERTIFICATION

01
Begin with the title: Clearly label the document as 'Cost/Price Disclosure Certification'.
02
Enter your name: Provide the name of the individual completing the certification.
03
Specify the organization: Include the name of the organization or business involved.
04
Identify the project or contract: Clearly state the project or contract number relevant to the certification.
05
Provide detailed cost information: List all costs associated with the project, including direct and indirect costs.
06
Include supporting documentation: Attach any relevant calculations or documentation that support the disclosed costs.
07
Sign and date: Ensure that the certification is signed and dated by the authorized representative.

Who needs COST / PRICE DISCLOSURE CERTIFICATION?

01
Any contractor or vendor that is submitting a proposal for a project that requires cost transparency.
02
Organizations that are regulated by government agencies or need to comply with specific financial disclosure requirements.
03
Companies seeking to demonstrate compliance with cost-related regulations.
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People Also Ask about

If the proposal is for $2 million or more, the Truthful Cost or Pricing Data Act, more commonly known by its former name, the Truth in Negotiation Act or TINA, requires the contractor to certify the cost or pricing data as accurate, current and complete, unless an exception to the requirement applies.
The Certified Cost Professional (CCP) certification is a prestigious credential awarded by the Association for the Advancement of Cost Engineering International (AACE International). It signifies the holder's expertise in the critical field of cost management.
Pricing Certificate means an Officer's Certificate of Company certifying the Consolidated Leverage Ratio as at the last day of any Fiscal Quarter and setting forth the calculation of such Consolidated Leverage Ratio in reasonable detail.
15.403-1 Prohibition on obtaining certified cost or pricing data (10 U.S.C. chapter 271 and 41 U.S.C. CHAPTER 35). (a) Certified cost or pricing data shall not be obtained for acquisitions at or below the simplified acquisition threshold.
A certificate of current cost or pricing data is a signed statement from a bidder stating that, to the best of the bidder's knowledge and belief, the costs or pricing data which they have submitted in a tender are accurate, complete and current at the time.
A certificate of current cost or pricing data is a signed statement from a bidder stating that, to the best of the bidder's knowledge and belief, the costs or pricing data which they have submitted in a tender are accurate, complete and current at the time.

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COST / PRICE DISCLOSURE CERTIFICATION is a formal document required by certain government agencies that provides a detailed disclosure of the costs and pricing associated with a contract or proposal.
Organizations or individuals that submit bids or proposals for government contracts or grants may be required to file a COST / PRICE DISCLOSURE CERTIFICATION as part of the compliance process.
To fill out a COST / PRICE DISCLOSURE CERTIFICATION, applicants must accurately report all relevant costs and pricing information, include necessary signatures, and ensure that all data complies with the stipulated guidelines and formats.
The purpose of COST / PRICE DISCLOSURE CERTIFICATION is to ensure transparency and accuracy in the cost and pricing information provided to the government, allowing for fair evaluation of bids and proposals.
Required information typically includes detailed breakdowns of costs, pricing structure, overhead rates, direct costs, labor rates, and any other relevant financial data that supports the price offered.
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