TINA

Truth in Negotiations Act

The Truth in Negotiations Act (TINA) requires contractors to submit certified cost or pricing data for negotiated contracts above the threshold ($750,000). Defective pricing can result in price reductions and penalties.

Key Topics

Certified cost or pricing data requirements
$750,000 threshold and exceptions
Adequate price competition exception
Commercial item exception
Defective pricing and price adjustments
Certificate of Current Cost or Pricing Data
Sweeps and data currency
Subcontractor cost or pricing data

Key References

10 USC 3702
Truth in Negotiations (TINA)
FAR 15.403
Obtaining Certified Cost or Pricing Data
FAR 15.407-1
Defective Certified Cost or Pricing Data
FAR 52.215-10
Price Reduction for Defective Certified Data
DCAA Audit Program 42000
Defective Pricing Audit
FAR 15.404
Proposal Analysis Techniques

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