Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 18 - National Aeronautics and Space Administration |
SubChapter C - Contracting Methods and Contract Types |
Part 1815 - Contracting by Negotiation |
Subpart 1815.4 - Contract Pricing |
§ 1815.406-171 - Installation reviews.
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Each contracting activity shall establish procedures to review all prenegotiation position memoranda. The scope of coverage, exact procedures to be followed, levels of management review, and contract file documentation requirements should be directly related to the dollar value and complexity of the acquisition. The primary purpose of these reviews is to ensure that the negotiator, or negotiation team, is thoroughly prepared to enter into negotiations with a well-conceived, realistic, and fair plan.