R33-12-604. Cost Analysis  


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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.