Colorado § 24-103-403 - Cost or pricing data.
Full text of Colorado Colorado Revised Statutes § 24-103-403 — Cost or pricing data., with citation guidance and answers to common questions.
§ 24-103-403. Cost or pricing data.
(1) A contractor shall, except as provided in subsection (3) of this section, submit cost or pricing data and shall certify that, to the best of his or her knowledge and belief, the cost or pricing data submitted was accurate, complete, and current as of a mutually determined specified date prior to the date of:
(a) The pricing of any contract awarded by requests for proposals as specified in section 24-103-203, or pursuant to the sole source procurement authority as specified in section 24-103-205, where the total contract price is expected to exceed an amount established by rule; or
(b) The pricing of any contract modification which is expected to exceed an amount established by rule.
(2) Repealed.
(3) The requirements of this section need not be applied to any contract in which:
(a) The contract price is based on adequate price competition;
(b) The contract price is based on established catalog prices or market prices;
(c) The contract price is set by law or rule; or
(d) It is determined in writing, pursuant to rules, that the requirements of this section may be waived and the reasons for such waiver are stated in writing.
Source: L. 81: Entire article added, p. 1269, § 1, effective January 1, 1982. L. 2017: (1) and (3)(b) amended and (2) repealed, (HB 17-1051), ch. 99, p. 316, § 23, effective August 9.
Frequently Asked Questions About Colorado § 24-103-403
What does Colorado Revised Statutes § 24-103-403 cover?
Section 24-103-403 ("Cost or pricing data.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 24-103-403?
A common citation format is "Colorado Revised Statutes § 24-103-403" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 24-103-403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.