What is the regulatory definition of “cost or pricing data”? (You should not need more than a single sentence to answer this question; if you are planning on a career in government contracting you should probably memorize this sentence.) (b) What is the name of the statute that requires (under some circumstances) that an offeror or contractor provide the government with certified “cost or pricing data”? [Note: this is a two part question.]
a. Definition:
b. Statute: