Accession Number : ADA301338

Title :   An Investigation of Problems in Analyzing Prices of State-of-the-Art Commercial Items.

Descriptive Note : Master's thesis,

Corporate Author : AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH

Personal Author(s) : Fry, Vicki A.

PDF Url : ADA301338

Report Date : SEP 1995

Pagination or Media Count : 162

Abstract : This research explored whether techniques described in the Armed Services Pricing Manual are sufficient for evaluating prices of leading-edge and modified commercial items. The research was sparked by the Federal Acquisition Streamlining Act Of 1994, which encourages contracting officers to rely on information other than certified cost or pricing data when buying commercial products. Pricing techniques used in five recent acquisitions were investigated through a case-study methodology. The research concludes that current guidance is sufficiently broad to enable the contracting officer to tailor the tools to an acquisition at hand. Research findings, however, indicate that the Department of Defense should consider expanding guidance and systems for use in secondary and auxiliary price comparisons. Findings indicate that contracting officers may not have the expertise or availability of data necessary to obtain pricing information from the preferred sources ranked in proposed regulations implementing the streamlining act. The research also uncovered evidence of the culture shock that contracting officers will experience as acquisition reforms are implemented. Contracting officers indicated that prices evaluated through price analysis techniques were the best obtainable given the circumstances. They believed that better prices could have been established through analysis of detailed cost or pricing data.

Descriptors :   *CONTRACT ADMINISTRATION, *COST ANALYSIS, *AIR FORCE PROCUREMENT, DEPARTMENT OF DEFENSE, MILITARY REQUIREMENTS, ECONOMIC ANALYSIS, POLICIES, COMPETITION, MARKET RESEARCH, MANAGEMENT PLANNING AND CONTROL, ACQUISITION, COST EFFECTIVENESS, LOGISTICS MANAGEMENT, STATE OF THE ART, COMPARISON, THESES, REGRESSION ANALYSIS, CASE STUDIES, LIFE CYCLE COSTS, AIR FORCE BUDGETS, PRICE INDEX.

Subject Categories : Administration and Management
      Logistics, Military Facilities and Supplies
      Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE