Section 16.13 Determination of Unit Price Item Inclusions

• Library: Construction Law 2016 Supp

c. (§16.13) Determination of Unit Price Item Inclusions

The final fixed price for the government’s statement of work is derived from a detailed line item proposal prepared by the contractor, utilizing the unit price items, cost, and contractor’s bid factor to arrive at the bottom line fixed price. It is important for both the contractor and the government contracting officer to verify the accuracy of the line item proposal with respect to quantities and tasks identified. Typically, unit price books include...