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   <concept id="GSAM_515_403_4"
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      <title class="- topic/title "> 
         <ph class="- topic/ph " props="autonumber">515.403-4</ph> Requiring certified cost or pricing data (10 U.S.C. chapter 271 and 41 U.S.C. 254b).</title>
      <conbody class="- topic/body  concept/conbody ">
         <p class="- topic/p ">To determine if a contract action meets the threshold at FAR 15.403-4 for requesting certified cost and pricing data, the contracting officer shall consider the value of the action plus any priced options. Exercise of a priced option is not a price adjustment and does not require submission of certified cost and pricing data.</p>
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