1. (1) specific elements of costs;
2. (2) total cost of ownership and life-cycle cost;
3. (3) supplemental cost schedules;
4. (4) market basket cost of similar items;
5. (5) the necessity for certain costs;
6. (6) the reasonableness of allowances for contingencies;
7. (7) the basis used for allocation of indirect costs; and
8. (8) the reasonableness of the total cost or price.

Cost analysis includes the verification of cost data. Cost analysis may be used to evaluate:

KEY: contracts, procurement, public buildings

Date of Last Change: August 8, 2024

Notice of Continuation: January 10, 2022

Authorizing, and Implemented or Interpreted Law: 63A-5b-305; 63G-2-101 et seq.; 63G-6a-101 et seq.