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Which Process Can Be Used To Determine Vendor's Price Reasonableness When Lack Of Pricing Information Available? |
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Answer» When there is a lack of PRICING information AVAILABLE to determine price reasonableness, a cost analysis could be performed to evaluate and verify a vendor's cost DATA and PROPOSED profit. When there is a lack of pricing information available to determine price reasonableness, a cost analysis could be performed to evaluate and verify a vendor's cost data and proposed profit. |
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