What level of cost data does the FTA require to meet the requirements of 49 CFR part 663?
The FTA will accept a level of documentation in which costs presented on the document comply with the definition presented in ยง 661.11(o)(1) of the Buy America regulation (49 CFR part 661): The cost of a component or a subcomponent is the price that a bidder or offeror must pay to a subcontractor or supplier for the component or subcomponent. * * * The cost used in the computation of domestic content may include appropriate fully allocated costs of the component or subcomponent, which would include overhead and profit allocations. Percentage Format 2. Question: May cost information be presented in percentage format? Answer: The information on cost can be presented in either dollar or percentage format. See the “Domestic Content Sample Worksheet” below for an example of how a percentage format would be calculated. Domestic Content Sample Worksheet ITEM Cost Percent domestic One transit bus (ABC Bus Mfg. Co.) $100 At least 60% of total cost. How 60% Was Achieved Component Domestic conten
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- What level of cost data does the FTA require to meet the requirements of 49 CFR part 663?
