§ 7.700. Cost Principles.

Latest version.

The Chief Procurement Officer may promulgate operating directives relating to price analysis and cost principles to be used when negotiating estimated costs or fixed prices, including but not limited to: (1) in the absence of competitive sealed bidding; (2) when negotiating adjustments for changes or modifications in contracts; (3) when negotiating settlements; or (4) as appropriate where the determination of estimated or incurred costs is involved.

(Ord. No. 2012-44, §§ 1, 2(Att. A), 11-5-2012, Doc. #1211051201)

                    
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