Cost and Pricing Data

Definition of Cost and Pricing Data

On August 30, 2010, the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) agreed on a final rule amending the Federal Acquisition Regulation (FAR) to clarify the distinction between ''certified cost or pricing data'' and ''data other than certified cost or pricing data'', and to clarify requirements for submission of cost or pricing data. The Effective Date of the final rule is October 1, 2010. See link below for the Federal Register Notice, for more information on the final rule.

To see notice click here

Certified Cost and Pricing Data Threshold

Effective October 1, 2015, the certified cost and pricing data threshold is increased from 700,000 to $750,000, in addition to other thresholds that were adjusted for inflation. See the Federal Register Notice link, for more information.

To see notice click here

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