[Code of Federal Regulations]

[Title 40, Volume 1]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 40CFR30.45]



[Page 337]

 

                   TITLE 40--PROTECTION OF ENVIRONMENT

 

               CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY

 

PART 30_UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS 

 

                    Subpart C_Post-Award Requirements

 

Sec. 30.45  Cost and price analysis.



    Some form of cost or price analysis shall be made and documented in 

the procurement files in connection with every procurement action. Price 

analysis may be accomplished in various ways, including the comparison 

of price quotations submitted, market prices and similar indicia, 

together with discounts. Cost analysis is the review and evaluation of 

each element of cost to determine reasonableness, allocability and 

allowability.