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What is reasonable price? definition and meaning

Definition of reasonable priceCommercial decision reached jointly between a buyer and seller, reflecting a judgment influenced by the economic realities of the marketplace and the relative bargaining powers of the parties.

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What is REASONABLE PRICE Black's Law Dictionary

What is REASONABLE PRICE?. 1. Decision reached jointly between a buyer and seller high enough to cover the cost and a reasonable profit. 2. Price that provides the best total value, not necessarily the lowest price.

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Methods to Determine Price Reasonableness Purchasing

In simple terms, a price analysis is a review, analysis or examination of the price proposed by a supplier and an assessment or evaluation as to whether or not it is fair and reasonable. A determination that a price is fair and reasonable is really a conclusion that the proposed price is fair to both parties, considering the quality, delivery and other factors.

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REASONABLE definition in the Cambridge English Dictionary

› a reasonable price, value, or offer seems fair and not too expensiveIn the context of current robust economic growth , these shares look reasonable value . a reasonable price / offer / deal

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fair and reasonable price searchitchannel.techtarget

A fair and reasonable price is the price point for a good or service that is fair to both parties involved in the transaction. This amount is based upon the agreed upon conditions, promised quality and timeliness of contract performance. In government contracting, a fair and reasonable price is subject to both statutory and regulatory limitations.

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Reasonable in Spanish English to Spanish Translation

The price was reasonable and the view was magnificent. Tuvimos suerte con el hotel. El precio era razonable y la vista, magnífica. 4. (passable) a. aceptable. If they don't offer me a reasonable salary, I'm not going to accept the job. Si no me ofrecen un salario aceptable, no pienso tomar el puesto. b.

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FAR 13 fair and reasonable Contract Pricing Including

Aug 17, 2016 · Matthew Fleharty. MaybeFAR 15.404 1 (b) (2) (i) states " Normally, adequate price competition establishes a fair and reasonable price" (emphasis addedyou can reference the definition for adequate price competition at FAR 15.403 1 ( c ) (1)).

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The Cheapest New Cars of 2019 (Top 10 List)

Jan 13, 2019 · With prices staying within the $2 – $2.50 per gallon range for quite a while now, and no sustained increases in price in sight, manufacturers are moving away from adding small, fuel efficient vehicles to their lineups because of their low profit margins and consumer purchasing behaviors.

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AuthorG.E. Miller

Reasonable Definition of Reasonable by Merriam Webster

Reasonable definition is being in accordance with reason. How to use reasonable in a sentence. being in accordance with reason; not extreme or excessive; moderate, fair

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Chapter 9 Determining Fair and Reasonable Pricing

9.1.3 Determining a fair and reasonable price Fair and reasonable pricing is determined by conducting either a price analysis or cost analysis. 9.2 Price or cost analysis requirement The most basic reason for requiring that a price or cost analysis be performed is to ensure Commonwealth funds are expended in the most cost effective manner.

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What is REASONABLE PRICE Black's Law Dictionary

Definition of REASONABLE PRICE1. Decision reached jointly between a buyer and seller high enough to cover the cost and a reasonable profit. 2. Price that provides the best total value,

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at/with reasonable prices WordReference Forums

Nov 20, 2013 · In the following sentence, both at reasonable prices and with reasonable prices sound natural to me, but on second thoughts, at goes better with prices.What do you think? Thank you! The food was wonderful at/with reasonable prices, and we enjoyed several dishes.

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word usage Reasonable price vs Reasonable pricing

A product has a price, the amount of money charged for it. Pricing is the policy which a company uses to decide prices. If you are talking about an advert for a restaurant I'd say. Good food. Reasonable prices. Plural because there are multiple prices on a menu.

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48 CFR § 215.371 3 Fair and reasonable price. CFR US

(1) Determine through cost or price analysis that the offered price is fair and reasonable and that adequate price competition exists (with approval of the determination at a level above the contracting officer) or another exception to the requirement for certified cost or pricing data applies (see FAR 15.403 1(c) and 15.403 4).

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Pricing GuideHow to Price Your Products Inc

How to Price Your ProductsFactors to Consider. Estimate the number of units of that product you expect to sell over the next year. Then divide your revenue target by the number of units you expect to sell and you have the price at which you need to sell your product in order to

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Reasonable Rides Used Car Dealer Pelzer SC Travelers

At Reasonable Rides, located in Pelzer and Travelers Rest, SC, we take pride in the way we do business. We focus 100% on our curstomers and believe car buying should be a fun, hassle free experience! Our impressive selection of used cars, trucks, and SUVs is sure to meet your needs

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Reasonable restaurant prices Atlantic City Forum

Mar 04, 2019 · There are many local bars and restaurants that have more modest menu prices compared to those in the casinos. Scannichio’s at Lefty’s has a special on Tuesday’s and Thursday’s, dinner for two for $40. Angelo’s Fairmont Tavern is very reasonable and meals include salad and bread.

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Reasonable definition and meaning Collins English Dictionary

The Sun (2007)A great product and a reasonable price for something of such good quality. The Sun (2009)It was all fairly reasonable. Times, Sunday Times (2010)The questions also included seeking a definition of reaching a verdict beyond reasonable doubt, something that the judge had given them in

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[DOC]

DETERMINATION OF PRICE REASONABLENESS

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Therefore, action to verify price reasonableness need only be taken if— (i) The contracting officer or individual appointed in accordance with 1.603 3(b) suspects or has information to indicate that the price may not be reasonable (e.g., comparison to the previous price

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Reasonable definition of reasonable by The Free Dictionary

1. Capable of reasoning; rationala reasonable person. 2. Governed by or being in accordance with reason or sound thinkinga reasonable solution to the problem. 3. Being within the bounds of common sensearrive home at a reasonable hour. 4. Not excessive or extreme; fairreasonable prices.

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Chapter 9 Determining Fair and Reasonable Pricing

Chapter 09 Determining Fair and Reasonable Pricing V3.0 2016.docx Commonwealth procurement professionals are held to a higher standard than just accepting “what the market will bear.” They must determine and verify that the price they have agreed to pay is a fair and reasonable price. A price that has been established

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Use reasonable in a sentence reasonable sentence examples

It is reasonable, therefore, to conclude that ornament is a stimulus to sexual selection, and this conclusion is enforced by the fact that among many comparatively nude peoples clothing is assumed at certain dances which have as their confessed object the excitation of the passions of the opposite sex.

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Reasonable Definition of Reasonable by Merriam Webster

Reasonable definition is being in accordance with reason. How to use reasonable in a sentence.

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Reasonable Definition of Reasonable at Dictionary

Reasonable definition, agreeable to reason or sound judgment; logicala reasonable choice for chairman. See more.

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