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Path: Consulting Services arrow Report & Digest arrow GCA Digest Articles arrow GCA Digest 1999 arrow Cost and Pricing Issues Under The Services Contract Act - Difficulties with Pricing

Cost and Pricing Issues Under The Services Contract Act - Difficulties with Pricing

The problem with arriving at conforming rates is the contractor must second-guess the Administrator because the decision may require a higher wage rate and level of fringe benefits than the contractor bid in its proposal. If that occurs, the contractor must pay the higher rate without receiving a contract price adjustment. If possible, the contractor should seek a clarified WD including the omitted classifications before it bids.

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