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FAR 15.406-2 2011-2025 free printable template

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The date when the price negotiations were concluded and the contract price was agreed to. End of Certificate Certificate of Current Cost or Pricing Data 1/2011 Page 1 of 1. CERTIFICATE OF CURRENT COST OR PRICING DATA FAR 15. 406-2 This is to certify that to the best of my knowledge and belief the cost or pricing data as defined in section 2. 101 of the Federal Acquisition Regulation FAR and required under FAR subsection 15. 403-4 submitted either actually or by specific identification in...
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How to fill out FAR 15.406-2

01
Review the FAR list of required elements for proposals.
02
Prepare a cover page that identifies the proposal and the proposing organization.
03
Include a table of contents for easy navigation.
04
Organize the proposal into sections as specified in the solicitation.
05
Provide a detailed description of the proposed work, including objectives and research methodology.
06
Include biographical information for key personnel involved in the project.
07
Outline your organization's previous experience and relevant work history.
08
Prepare a budget that includes all necessary costs and a justification for each.
09
Review and ensure all information is accurate and complete prior to submission.
10
Submit the proposal by the deadline as specified in the solicitation.

Who needs FAR 15.406-2?

01
Any organization or entity seeking federal contracts must follow FAR 15.406-2 guidelines.
02
Businesses that engage in competitive bidding for government contracts.
03
Contractors looking to provide proposals for negotiated procurements.
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FAR 15.406-2 refers to the Federal Acquisition Regulation section that outlines the requirements for submitting cost or pricing data, ensuring that pricing is fair and reasonable.
Contractors and subcontractors who are negotiating contracts that exceed the Truth in Negotiations Act (TINA) threshold are required to file FAR 15.406-2.
To fill out FAR 15.406-2, contractors must provide a detailed summary of their cost or pricing data, including supporting documentation, and ensure that all information is accurate and complete.
The purpose of FAR 15.406-2 is to establish the requirement for contractors to provide sufficient cost or pricing data to enable the government to evaluate the reasonableness of proposed prices.
Information that must be reported on FAR 15.406-2 includes the contractor's proposed prices, cost estimates, pricing data, and any assumptions or methodologies used in deriving the costs.
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