[Code of Federal Regulations]

[Title 49, Volume 1]

[Revised as of October 1, 2005]

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

[CITE: 49CFR19.45]



[Page 170]

 

                        TITLE 49--TRANSPORTATION

 

          Subtitle A--Office of the Secretary of Transportation

 

PART 19_UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS 

WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT 

ORGANIZATIONS--Table of Contents

 

                    Subpart C_Post-Award Requirements

 

Sec. 19.45  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.