Transcription of Price Reasonableness Determination Form
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Price Reasonableness Determination Form
Rev: 2/3/2007 Price Reasonableness Determination PC/SC/Contract #: _____ Buyer: _____ Date: _____ BASIS FOR AWARD ( ) Competitive No. of Suppliers solicited: _____ Offers received: _____ Acceptable: _____ Other sources considered: _____ ( ) Sole Source Suggested Source was approved Sole Source or Single Bid see the attached Sole Source Justification Price /COST ANALYSIS ( ) Comparison of proposed prices received in response to the solicitation. Adequate Price competition establishes Price Reasonableness .
Rev: 2/3/2007 written analysis. The item to be purchased should generally be a commercially produced one sold to the general public in substantial quantities.
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