Section 3-122-128 - Cost analysis techniques Cost analysis includes the appropriate verification of cost or pricing data, and the use of this data to evaluate:
(1) Specific elements of costs which may include direct labor, indirect costs, direct material, other direct costs, subcontract costs, and fixed fee or profit;(2) The necessity for certain costs;(3) The reasonableness of amounts estimated for the necessary costs;(4) The reasonableness of allowances for contingencies;(5) The basis used for allocation of indirect costs;(6) The appropriateness of allocations of particular indirect costs to the proposed contract; and(7) The reasonableness of the total cost or price.[Eff 12/15/95; comp 11/17/97; comp MAR 21 2008] (Auth: HRS § 1030-202) (Imp: HRS § 103D-312)