Question: 1 . . Discuss the various techniques outlined in FAR Part 1 5 for analyzing price reasonableness, such as comparison to market prices or previous

1.. Discuss the various techniques outlined in FAR Part 15 for analyzing price reasonableness, such as comparison to market prices or previous contracts. What factors should be considered in determining which approach to apply? How can pricing analysis strategies account for unique circumstances like sole source procurements?
2. Commercial item contracting aims to take advantage of innovative goods and services developed in the private sector by allowing agencies to buy them faster and with less oversight using simplified FAR Part 12 procedures. Compare and contrast pricing commercial versus non-commercial items. What data points, price analysis criteria, and negotiation strategies should be leveraged?
3. FAR Part 16, analyze Fixed-price contratcs and incentive contratcts unique pricing considerations, risks, and incentivization approaches. How should acquisition professionals factor these implications into contract-type selection decisions?

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