Certified cost or pricing data
Also called: certified cost or pricing data, TINA, TINA data, Truthful Cost or Pricing Data, Truth in Negotiations Act, cost or pricing data, Certificate of Current Cost or Pricing Data, defective pricing
Certified cost or pricing data are the facts about costs and prices that a contractor must submit and certify as accurate, complete and current on larger negotiated federal contracts and modifications, under the Truthful Cost or Pricing Data statute, still widely called TINA.
The statute is 10 U.S.C. 3701 and following for DoD and 41 U.S.C. chapter 35 for civilian agencies; FAR 15.403 says when the data are required and lists the exceptions, FAR 15.403-4 holds the threshold, FAR 15.406-2 the certificate, and FAR 15.408 Table 15-2 the format. Data are required above the threshold unless an exception applies: adequate price competition, prices set by law or regulation, a commercial product or service, or a waiver. Below the threshold or under an exception the contracting officer may still ask for uncertified data. If certified data turn out to be defective, the government can reduce the contract price under the defective pricing clauses and pursue penalties.
What to check: whether the solicitation cites FAR 15.403-4 and includes clauses 52.215-10 through 52.215-13, whether you qualify for the commercial or competition exception, and whether your accounting records can support every number you submit through the date of agreement on price.
What it is not: a cost realism exercise, and not required on most small, competed or simplified buys.
See also: Fair and reasonable price, Defense Contract Audit Agency (DCAA), Cost-reimbursement (cost-plus) contract, Contract modification (mod)
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