WebMay 2, 2024 · Section 811 of the 2024 National Defense Authorization Act increased the TINA threshold to $2 million for all contracts entered into after July 1, 2024. While the Contracting Officer may still request cost or pricing data to support proposals under the TINA threshold, this cost or pricing data would not be certified, substantially reducing the ... WebTruth In Negotiations Act (Tina) Compliance with TINA is an essential part of doing business with the U.S. Government. Northrop Grumman is fully committed to meeting its requirements, whether as a prime contractor, a team member or a subcontractor. It is the responsibility of every employee who participates in the proposal, bid preparation and ...
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Policy & Guidance
WebTINA Background and Overview •General requirement: •Submit current, accurate, and complete cost or pricing data •Existing on date of agreement on price •For covered … WebTINA requires certified cost or pricing data for certain Government procurements equal to, or in excess of, $500,000. Under certain conditions, contracting officers and program managers may obtain waivers to this requirement. TINA Waivers can provide considerable benefits in the form of both cost and timesaving. WebTINA waiver to accelerate the pro-cess of awarding a definitized con-tract. In pursuing the TINA waiver, the F-16 SPO was guided by the provisions of the FAR, paragraph 15.804 … myovant financials