Price Analysis
Bid/Contract: #3879 – Two (2) Intermediate, Mid-Size, Four-Door Unleaded Sedans
The evidence complied by a price analysis includes:
• Developing and examining data from multiple sources wherever possible that prove or strongly suggest the proposed price is fair.
• Determining when multiple data consistently indicate that a given price represents a good value for the money. • Documenting data sufficiently to convince a third party that the analyst’s conclusions are valid.
By: Blake Rincon
Name:
(Type or print written signature.)
Title: Fleet Operations Specialist
Dated: 01/04/2023
The pricing quoted on the attached sheet(s) is deemed to be fair and reasonable based on the following type of analysis:
Comparison with competing suppliers’ prices or catalog pricing for the same item. (Complete comparison matrix and attach supporting quotes or catalog pages.)
Comparison of the proposed pricing with in-house estimate for the same item. (Attach signed in-house estimate and explain factor influencing any differences found. Complete summary matrix.) Comparison of proposed pricing with historical pricing from previous purchases of the same item, coupled with market data such as Product Price Index (PPI) or inflation Rate over the corresponding time period. (Attach data and historical price record.)
Analysis of price components against current published standards, such as labor rates, dollars per pound etc. to justify the price reasonableness of the whole. (Attach analysis to support conclusions drawn.)
SUMMARY MATRIX
Adjusted
Price
Government
Price
Concession
(GPC)
Fair Market
Value Year Make Model Source
23,817$ 4,203$ 28,020$ 2022 Chevrolet Impala Chevrolet website 22,202$ 3,918$ 26,120$ 2022 Honda Accord Kelley Blue Book 21,501$ 3,794$ 25,295$ 2022 Toyota Camry Toyota website 20,375$ 3,596$ 23,970$ 2022 Kia Optima Kelley Blue Book 20,528$ 3,623$ 24,150$ 2022 Hyundai Sonata Kelley Blue Book 28,513$ 5,032$ 33,545$ 2022 Chrysler 300 Kelley Blue Book 20,868$ 3,683$ 24,550$ 2022 Nissan Altima Nissan website 22,457$ 3,963$ 26,420$ 2022 Toyota Camry TRUECar 21,416$ 3,779$ 25,195$ 2022 Hyundai Sonata TRUECar 26,363$
30,285$
14.9%
Est. Fair Market Cost
Toyota of Selma Bid
% Difference