Question: When multiple prices are received in response to a solicitation, which of the following price analysis techniques is a preferred method for determining a fair

When multiple prices are received in response to a solicitation, which of the following price analysis techniques is a preferred method for determining a fair and reasonable price? (4 Points) a. Comparison with competitive published price lists, published market prices of commodities, similar indexes and discount or rebate arrangements. b. Comparison of proposed prices received in response to the solicitation. c. Use of parametric estimating or cost estimating relationships. d. Comparison of proposed prices with the Independent Government Cost Estimate (IGCE)

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