15.406-2 Certificate of Current Cost or

Pricing Data.

(a) When certified cost or pricing data are required, the contracting officer shall require the

contractor to execute a Certificate of Current Cost or Pricing Data, using the format in this

paragraph, and must include the executed certificate in the contract file.

Certificate of Current Cost or Pricing Data

This is to certify that, to the best of my knowledge and belief, the cost or pricing data (as defined in

section 2.101 of the Federal Acquisition Regulation (FAR) and required under FAR subsection

15.403-4) submitted, either actually or by specific identification in writing, to the Contracting Officer

or to the Contracting Officer's representative in support of ________* are accurate, complete, and

current as of ________**. This certification includes the cost or pricing data supporting any advance

agreements and forward pricing rate agreements between the offeror and the Government that are

part of the proposal.

Firm _____________________________________________

Signature _________________________________________

Name ____________________________________________

Title _____________________________________________

Date of execution***________________________________

* Identify the proposal, request for price adjustment, or other submission involved, giving the

appropriate identifying number (e.g., RFP No.).

** Insert the day, month, and year when price negotiations were concluded and price agreement was

reached or, if applicable, an earlier date agreed upon between the parties that is as close as

practicable to the date of agreement on price.

***Insert the day, month, and year of signing, which should be as close as practicable to the date

when the price negotiations were concluded and the contract price was agreed to.

(End of certificate)

(b) The certificate does not constitute a representation as to the accuracy of the contractor’s

judgment on the estimate of future costs or projections. It applies to the data upon which the

judgment or estimate was based. This distinction between fact and judgment should be clearly

understood. If the contractor had information reasonably available at the time of agreement showing

that the negotiated price was not based on accurate, complete, and current data, the contractor’s

responsibility is not limited by any lack of personal knowledge of the information on the part of its

negotiators.

(c) The contracting officer and contractor are encouraged to reach a prior agreement on criteria for

establishing closing or cutoff dates when appropriate in order to minimize delays associated with

proposal updates. Closing or cutoff dates should be included as part of the data submitted with the
proposal and, before agreement on price, data should be updated by the contractor to the latest

closing or cutoff dates for which the data are available. Use of cutoff dates coinciding with reports is

acceptable, as certain data may not be reasonably available before normal periodic closing dates

(e.g., actual indirect costs). Data within the contractor’s or a subcontractor’s organization on

matters significant to contractor management and to the Government will be treated as reasonably

available. What is significant depends upon the circumstances of each acquisition.

(d) Possession of a Certificate of Current Cost or Pricing Data is not a substitute for examining and

analyzing the contractor’s proposal.

(e) If certified cost or pricing data are requested by the Government and submitted by an offeror,

but an exception is later found to apply, the data shall not be considered certified cost or pricing

data and shall not be certified in accordance with this subsection.

Parent topic: 15.406 Documentation.