Cost/Price Analysis In cases where neither historical nor catalog prices exist, cost analysis must be used. Vendors can be asked to provide summary level detail of materials and labor costs, as well as markups and other indirect cost rates included in the price. Technical judgments concerning labor hours can be applied to labor hour rates to evaluate the reasonableness of the overall price. Reasonable profit is another element of price. Per 24-103-403 C.R.S., for noncompetitive acquisitions where neither historical nor catalog prices exist, vendors are required to submit cost or pricing data for purposes of conducting a cost analysis. References of “Usual and Customary” The following table provides guidance on determining what category above is most applicable by category. References of and Guidance for Determining Fair and “Usual Customary” Reasonable Chapter 1: Medical and Psychological Goods and Services Established catalog prices or market “Postage” prices Chapter 3: Medical Supplies and Equipment Established catalog prices or market “Medical Supplies“ prices (or less as negotiated with vendor) Medical “Durable Equipment” and Repair if Durable Medical “Rental Equipment” Chapter 4: Drugs and Medications Established catalog prices or market of “Rates Payment” prices “Prescription Medication” “Controlled Substances” Chapter 5: Prosthetic and Orthotic Services Established catalog prices or market of “Repair Eyeglasses” prices (or less as negotiated with vendor) Prosthetic “Other Devices” “Orthotic Devices” Chapter 6: Dental Restoration Services or Lab Required for Established catalog prices or market “Dental X-Rays Restoration” prices (or less as negotiated with vendor) Chapter 7: Non-Medical Assessment Services Established catalog prices or market and “Occupational Testing Exams” prices “Background Checks” “Transcripts” Chapter 8: Training Services Established catalog prices or market “Communication Skills Training” prices “On-the-Job Training,” “Requirements” Supplies, & Other Training “Books, Materials” “Non-Adaptive Training Equipment” and Business “Vocational, Trade, School” and “Colorado Colleges Universities”
Cost/Price Analysis In cases where neither historical nor catalog prices exist, cost analysis must be used. Vendors can be asked to provide summary level detail of materials and labor costs, as well as markups and other indirect cost rates included in the price. Technical judgments concerning labor hours can be applied to labor hour rates to evaluate the reasonableness of the overall price. Reasonable profit is another element of price. Per 24-103-403 C.R.S., for noncompetitive acquisitions where neither historical nor catalog prices exist, vendors are required to submit cost or pricing data for purposes of conducting a cost analysis. References of “Usual and Customary” The following table provides guidance on determining what category above is most applicable by category. References of “Usual and Customary” Guidance for Determining Fair and Reasonable Chapter 1: Medical and Psychological Goods and Services “Postage” Established catalog prices or market prices Chapter 3: Medical Supplies and Equipment “Medical Supplies“ “Durable Medical Equipment” “Rental and Repair if Durable Medical Equipment” Established catalog prices or market prices (or less as negotiated with vendor) Chapter 4: Drugs and Medications “Rates of Payment” “Prescription Medication” “Controlled Substances” Established catalog prices or market prices Chapter 5: Prosthetic and Orthotic Services “Repair of Eyeglasses” “Other Prosthetic Devices” “Orthotic Devices” Established catalog prices or market prices (or less as negotiated with vendor) Chapter 6: Dental Restoration Services “Dental X-Rays or Lab Required for Restoration” Established catalog prices or market prices (or less as negotiated with vendor) Chapter 7: Non-Medical Assessment Services “Occupational Testing and Exams” “Background Checks” “Transcripts” Established catalog prices or market prices Chapter 8: Training Services “Communication Skills Training” “On-the-Job Training,” “Requirements” “Books, Supplies, & Other Training Materials” “Non-Adaptive Training Equipment” “Vocational, Trade, and Business School” “Colorado Colleges and Universities” Established catalog prices or market prices
FeeSchedule.docx