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36 <br /> Price Analysis <br /> PO/Contract: <br /> The evidence compiled by a price analysis includes: <br /> • Developing and examining data from multiple sources whenever possible that prove or strongly suggest the proposed <br /> price is fair. <br /> • Determining when multiple data consistently indicate that a given price represents a good value for the money. <br /> • Documenting data sufficiently to convince a third party that the analyst's conclusions are valid. <br /> The pricing quoted on the attached sheet(s) is deemed to be fair and reasonable based on the <br /> following type of analysis: <br /> Comparison with competing suppliers' prices or catalog pricing for the same item. (Complete comparison <br /> matrix and attach supporting quotes or catalog pages.) <br /> Comparison of proposed pricing with in-house estimate for the same item. (Attach signed in-house <br /> estimate and explain factors influencing any differences found. Complete summary matrix.) <br /> Comparison of proposed pricing with historical pricing from previous purchases of the same item, coupled <br /> with market data such as Producer Price Index or Inflation Rate over the corresponding time period. (Attach data <br /> and historical price record). <br /> Analysis of price components against current published standards, such as labor rates, <br /> dollars per pound etc. to justify the price reasonableness of the whole. (Attach analysis to <br /> support conclusions drawn.) <br /> SUMMARY MATRIX <br /> Item Proposed Average Competitor Competitor In-House Other <br /> Pricing Market A B Estimate <br /> Price <br /> DATE: PREPARED BY: <br /> Attachments: <br />