R33-12-604. Cost Analysis

Latest version.

  (1) Cost analysis includes the verification of cost data. Cost analysis may be used to evaluate:

  (a) specific elements of costs;

  (b) total cost of ownership and life-cycle cost;

  (c) supplemental cost schedules;

  (d) market basket cost of similar items;

  (e) the necessity for certain costs;

  (f) the reasonableness of allowances for contingencies;

  (g) the basis used for allocation of indirect costs; and,

  (h) the reasonableness of the total cost or price.

                    
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