What is the TINA threshold for 2020?
What is the TINA threshold for 2020?
$2 Million
The Truth in Negotiation Act (TINA) currently requires offerors to certify that accurate, current, and complete cost or pricing data was disclosed to the government for negotiated procurements valued at $750,000 or more.
What is the certified cost or pricing data threshold?
$750,000
The threshold for obtaining certified cost or pricing data is $750,000 for prime contracts awarded before July 1, 2018, and $2 million for prime contracts awarded on or after July 1, 2018.
What is the Tina FAR clause?
TINA, the Truth in Negotiations Actis a law that requires contractors performing government contracts for the U.S. Government to submit cost and pricing data that is truthful, accurate, and complete.
What is far15?
FAR Part 15 describes the procedures for competitive and non-competitive open market acquisitions exceeding the Simplified Acquisition Threshold (SAT). Open market is defined as products or services not available from required sources of supply, such as GSA schedule contracts, outlined in FAR Part 8.
What is AD15 403-5?
15.403-5 Instructions for submission of certified cost or pricing data and data other than certified cost or pricing data.
What does 15403-1 mean?
15.403 Obtaining certified cost or pricing data. 15.403 Obtaining certified cost or pricing data. 15.403-1 Prohibition on obtaining certified cost or pricing data (10 U.S.C. 2306 A and 41 U.S.C. CHAPTER 35). 15.403-2 Other circumstances where certified cost or pricing data are not required.
What is the scope of Subpart 15400?
15.400 Scope of subpart. This subpart prescribes the cost and price negotiation policies and procedures for pricing negotiated prime contracts (including subcontracts) and contract modifications, including modifications to contracts awarded by sealed bidding. 15.401 Definitions.
