Title 41 › Subtitle I — Federal Procurement Policy › CHAPTER 35 — TRUTHFUL COST OR PRICING DATA › § 3505
When certified cost or pricing data are not required, a contracting officer must get other pricing information needed to decide if a contract price is reasonable. Except for contracts covered by the exception in section 3503(a)(1), the officer must at least get past sales prices for the same or similar items so the price can be evaluated. The Federal Acquisition Regulation must limit those requests. It must set reasonable limits on sales-data demands, require officers to ask only for records the seller normally keeps, and keep commercial data exempt from public disclosure under section 552(b) of title 5 private.
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Public Contracts, Source: USLM XML via OLRC
Legislative History
Reference
Citation
41 U.S.C. § 3505
Title 41, Public Contracts
Last Updated
Sep 22, 2026
Release point: 119-110