Get the free Source Selection Price Reasonableness (SSPR) form - 6.3.21 - purchasing uclahealth

UN IVERSITYmillCALIFORNIAUCPROCUREMENTSERVICES SOURCESELECTION&PRICEREASONABLENESSJUSTIFICATIONFORM ForFederallyfundedpurchases$10,000andnonFederallyfundedpurchases$100,000Thisdocument must be completed

How to fill out source selection price reasonableness

How to fill out source selection price reasonableness

1. To fill out source selection price reasonableness, follow these steps:
2. Gather all necessary information: This includes the proposal documents, price lists, invoices, and any other relevant documents.
3. Review the proposal: Carefully analyze the pricing details provided in the proposal. Pay attention to the breakdown of costs, including labor, materials, and overhead expenses.
4. Conduct market research: Compare the proposed prices with the current market rates for similar products or services. This will help determine if the prices are reasonable or inflated.
5. Evaluate historical data: Utilize data from previous contracts or purchases to assess the reasonableness of the proposed prices. Look for any patterns or discrepancies that may indicate excessive pricing.
6. Engage in negotiations: If the proposed prices seem unreasonable, engage in negotiations with the supplier or vendor. Discuss the pricing concerns and try to reach a mutually acceptable agreement.
7. Document the process: Keep a record of all the steps taken and decisions made regarding the source selection price reasonableness. This documentation will be important for future reference and audits.

Who needs source selection price reasonableness?

1. Anyone involved in procurement or purchasing activities needs to consider source selection price reasonableness. This includes government agencies, businesses, and organizations that are looking to acquire goods or services from suppliers or vendors.
2. Contracting officers, procurement officers, and purchasing managers are particularly responsible for ensuring the reasonableness of prices during the source selection process.
3. By assessing the price reasonableness, organizations can make informed decisions, prevent overpaying or receiving subpar products/services, and ensure fair competition among suppliers.

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What is source selection price reasonableness?

Source selection price reasonableness is the determination of whether the proposed prices are fair and reasonable based on market research and cost analysis.

Who is required to file source selection price reasonableness?

Contracting officers are required to file source selection price reasonableness.

How to fill out source selection price reasonableness?

Source selection price reasonableness is typically filled out by conducting market research, analyzing cost data, and documenting the rationale for price reasonableness.

What is the purpose of source selection price reasonableness?

The purpose of source selection price reasonableness is to ensure that the government is paying a fair and reasonable price for goods or services.

What information must be reported on source selection price reasonableness?

The information reported on source selection price reasonableness includes the results of market research, cost analysis, and justification for the price reasonableness.