Code of Colorado Regulations
100 - Department of Personnel and Administration
101 - Division of Finance and Procurement
1 CCR 101-9 - PROCUREMENT RULES
Article 103 - SOURCE SELECTION AND CONTRACT FORMATION
Part 4 - QUALIFICATIONS AND DUTIES
Section R-24-103-403-03 - Defective Cost or Pricing Data
Universal Citation: 100 CO Code Regs R-24-103-403-03
Current through Register Vol. 47, No. 17, September 10, 2024
(a) If cost data or pricing data are found to have been inaccurate, incomplete, or non-current as of the date submitted by the contractor, the state is entitled to an adjustment of the contract price to account for the defect.
(b) Judgmental errors made in good faith concerning the estimated portions of future costs or projections do not constitute defective data.
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