Get Determination Of Cost Or Price Reasonableness - Www2 Hawaii

The Determination Of Cost Or Price Reasonableness form is essential for ensuring that expenditures are appropriate and justified within state guidelines. This guide provides a step-by-step approach to completing the form online, helping users navigate its components effectively.

Follow the steps to efficiently complete the online form.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by filling in the 'Name of Fiscal Officer' at the top of the form. This identifies the individual responsible for financial oversight on this purchasing decision.
3. Next, fill in the 'Name of Principal Investigator, Department Head, Administrator.' This section highlights the authority requesting the expenditure.
4. In the 'Subject' section, enter 'Determination of Cost or Price Reasonableness' followed by the 'Item or Service to be Acquired.' This clarifies the purpose of the request.
5. Include the vendor's name and the proposed amount in the respective fields. This information details who will provide the goods or services requested.
6. In the 'Purchase Order/Contract No.' field, input the relevant order or contract number to link the form with official procurement documentation.
7. Select the appropriate reason for the expenditure from the provided list. If applicable, attach OPRPM Form 65 for a sole source procurement.
8. For the pricing justification section, provide comparisons to past purchase orders, vendor price lists, independent estimates, or market research. Attach relevant documents as necessary to support your rationale.
9. The last section requires departmental signature and date. Ensure that this is completed before finalizing the form.
10. After reviewing all information for accuracy, you can save changes, download, print, or share the completed form as needed.

Complete your forms online to ensure timely processing and compliance.