Fair and reasonable price determinations are used for evaluating quotations, bids, and proposals for the source selection decision. They are also used during sole-source negotiations. The policy of the U.S. Government is to contract for supplies and services at fair and reasonable prices.

If you say that the price of something is reasonable, you mean that it is fair and not too high.

2021年2月5日 · A fair and reasonable price does not require that agreement be reached on every element of cost, nor is it mandatory that the agreed price be within the contracting officer's initial negotiation position.

2025年1月17日 · (a) A cost is reasonable if, in its nature and amount, it does not exceed that which would be incurred by a prudent person in the conduct of competitive business.

2025年1月17日 · Commercial product and commercial service prices are affected by factors that include, but are not limited to, speed of delivery, length and extent of warranty, limitations of seller’s liability, quantities ordered, length of the performance period, …

Reasonable price means a decision reached jointly between a buyer and seller of property, reflecting a judgment influenced by the economic realities of the marketplace and the relative bargaining powers of the parties and is a price that provides the best total value in consideration of availability, delivery time, fitness for purpose, payment ...

The most popular definition of "Reasonable Price" in our template library is "Reasonable Price means the economic worth agreed upon by parties, reflecting market realities and negotiation leverage."

They are exceptionally reasonable prices. He is, therefore, trying hard to maintain high standards while still charging reasonable prices. Lots of places sell ready-made curtains at very …