Section R33-12-604 - Cost Analysis(1) Cost analysis includes the verification of cost data. Cost analysis may be used to evaluate:(a) specific elements of costs;(b) total cost of ownership and life-cycle cost;(c) supplemental cost schedules;(d) market basket cost of similar items;(e) the necessity for certain costs;(f) the reasonableness of allowances for contingencies;(g) the basis used for allocation of indirect costs; and, (h) the reasonableness of the total cost or price.Utah Admin. Code R33-12-604
Amended by Utah State Bulletin Number 2017-14, effective 6/21/2017Amended by Utah State Bulletin Number 2022-11, effective 5/23/2022