to be made on the Lowest Priced Technically Acceptable (LPTA) response to be made to the response offering best value to the Government considering price & other factors (as stated in the RFQ) For Services: Level of effort and labor mix have been evaluated and determined to be Fair and Reasonable Determination of Fair & Reasonable Price [, , ] FSS Delivery or Task Order (including NIH FSS BPA order) prices have been determined to be fair and reasonable. Price reasonableness based upon competitive quotations or offers If only one response is received, include a statement of price reasonableness based on the following: Market Research; Explain: Current price lists, catalogs, or advertisements (Inclusion of price list, etc. does not, by itself, establish a fair and reasonable price). Comparison with similar items in a related industry; Contracting officer’s personal knowledge of the item being purchased; Comparison to an independent Government estimate; reasonable basis: Comparison of the proposed with prices found reasonable on previous purchases (same or products / services and recent) Previous Purchases were determined fair and reasonable (complete below as applicable): A copy of the previous is in the file (required) Previous purchase order number: Date of previous purchase Method of determining price reasonableness on the previous order(s): Lowest price quoted in competition Current price lists, catalogs, or advertisements (Inclusion of price list, etc. does not, by itself, establish a F&R price). Explain: Comparison with similar items in a related industry; Contracting officer’s personal knowledge of the item being purchased; Comparison to an independent Government estimate; Other reasonable basis: Proposed Contractor Determined to be Responsible [, ] YES NO
to be made on the Lowest Priced Technically Acceptable (LPTA) response to be made to the response offering best value to the Government considering price & other factors (as stated in the RFQ) For Services: Level of effort and labor mix have been evaluated and determined to be Fair and Reasonable Determination of Fair & Reasonable Price [, , ] FSS Delivery or Task Order (including NIH FSS BPA order) prices have been determined to be fair and reasonable. Price reasonableness based upon competitive quotations or offers If only one response is received, include a statement of price reasonableness based on the following: Market Research; Explain: Current price lists, catalogs, or advertisements (Inclusion of price list, etc. does not, by itself, establish a fair and reasonable price). Comparison with similar items in a related industry; Contracting officer’s personal knowledge of the item being purchased; Comparison to an independent Government estimate; reasonable basis: Comparison of the proposed with prices found reasonable on previous purchases (same or products / services and recent) Previous Purchases were determined fair and reasonable (complete below as applicable): A copy of the previous is in the file (required) Previous purchase order number: Date of previous purchase Method of determining price reasonableness on the previous order(s): Lowest price quoted in competition Current price lists, catalogs, or advertisements (Inclusion of price list, etc. does not, by itself, establish a F&R price). Explain: Comparison with similar items in a related industry; Contracting officer’s personal knowledge of the item being purchased; Comparison to an independent Government estimate; Other reasonable basis: Proposed Contractor Determined to be Responsible [, ] YES NO
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