SpendLogic was built based on the FAR.
Our price analysis methods are taken directly from the Federal Acquisition Regulations. Employees conducting price analysis are walked through the process step-by-step. You can be assured that if it’s noted as a requirement in the FAR, it’s included as a step in SpendLogic.
Throughout SpendLogic, the user is presented with drop-downs, options, and pre-written text. Compliance can focus time on the objective elements that impact price instead of figuring out what is trying to be communicated.
Remove subjectivity and guesswork.
Stay on top of industry trends.
While the price analysis methodologies in SpendLogic come from the FAR, industry trends dictate modifications to specific wording and tactical considerations. We gather feedback from CPSRs and incorporate findings into SpendLogic wherever we can.
Instead of modifying your price analysis process after a CPSR every three years, SpendLogic makes adjustments in the background so you’re always up to date.