§3706. Price reductions for defective cost or pricing data — Inbound Citations
10 U.S.C. § 3706
Cited by 1 provision in release 119-102.
Citations to §3706(a)(2)
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(1) The term “cost or pricing data” means all facts that, as of the date of agreement on the price of a contract (or the price of a contract modification), or, if applicable consistent with section 3706(a)(2) of this title, another date agreed upon between the parties, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. Such term does not include information that is judgmental, but does include the factual information from which a judgment was derived.