Colorado § 24-103-403 Cost or pricing data

Colorado Statutes

§ 24-103-403 — Cost or pricing data

Colorado·Title 24 Government·Art. Source Selection and Contract Formation

(1)A contractor shall, except as provided in subsection (3) of this section, submit cost or pricing data and shall certify that, to the best of his or her knowledge and belief, the cost or pricing data submitted was accurate, complete, and current as of a mutually determined specified date prior to the date of:

(a)The pricing of any contract awarded by requests for proposals as specified in section 24-103-203, or pursuant to the sole source procurement authority as specified in section 24-103-205, where the total contract price is expected to exceed an amount established by rule; or

(b)The pricing of any contract modification which is expected to exceed an amount established by rule.

(2)Repealed.

(3)The requirements of this section need not be applied to any contract in w

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(1) A contractor shall, except as provided
in subsection (3) of this section, submit cost or pricing data and shall certify that, to
the best of his or her knowledge and belief, the cost or pricing data submitted was
accurate, complete, and current as of a mutually determined specified date prior to
the date of:

(a) The pricing of any contract awarded by requests for proposals as
specified in section 24-103-203, or pursuant to the sole source procurement
authority as specified in section 24-103-205, where the total contract price is
expected to exceed an amount established by rule; or

(b) The pricing of any contract modification which is expected to exceed an
amount established by rule.

(2) Repealed.

(3) The requirements of this section need not be applied to any contract in
which:

(a) The contract price is based on adequate price competition;

(b) The contract price is based on established catalog prices or market
prices;

(c) The contract price is set by law or rule; or

(d) It is determined in writing, pursuant to rules, that the requirements of this
section may be waived and the reasons for such waiver are stated in writing.

Colorado § 24-103-403 (Cost or pricing data) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 81: Entire article added, p. 1269, � 1, effective January 1, 1982. L. 2017: (1) and (3)(b) amended and (2) repealed, (HB 17-1051), ch. 99, p. 316, � 23, effective August 9.