Certificate of Current Cost or Pricing Data Requirement

This past August, the Office of Naval Research (ONR) conducted a Contractor Purchasing System Review (CPSR) of both UH and RCUH.  During a review of a subaward, the ONR auditor found that a project did not have a Certificate of Current Cost or Pricing Data form on file.  The UH Office of Research Services (ORS), as the processor and signor of subawards, followed up and obtained the missing certification.  In connection with the finding, ORS committed to post an announcement regarding the requirement for this certification (FAR 15.406-2) in its newsletter.  This requirement applies to subawards/subcontracts over $700,000, which are issued under federal prime contracts.  The ORS announcement can be found on pages 4 and 5 of its September 2015 newsletter.