Price Analysis



Price Analysis

Introduction

Price Analysis is the procedure through which quoted price are examine and evaluate with no consideration of element of the cost or vendor profit. In various circumstances, Price Analysis employs comparisons in order to determine price reasonableness. In this essay, the discussion would be on Price Analysis Method and which method is the best method in the widest variety of situation.

Discussion

For simplified acquisitions Primary Price Analysis Techniques is used which is commonly need no further examination by the Contracting Officer. When there is no competition, then other form of price analysis should be employed (Sollish, Semanik, 2011).

Primary ...