Utah Administrative Code (Current through November 1, 2019) |
R33. Administrative Services, Purchasing and General Services |
R33-12. Terms and Conditions, Contracts, Change Orders and Costs |
R33-12-604. Cost Analysis
Latest version.
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(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.