For acquisitions at or below the SAT, cost or pricing data shall not be obtained.

• A. False
• B. True
• C. Only for services
• D. Only for supplies

Answer: (B)

When a purchase is at or below the Simplified Acquisition Threshold, cost or pricing data are not required to be collected. This reflects the idea behind simplified acquisitions: rely on price analysis and competition to determine a fair and reasonable price rather than mandating detailed cost data. The Truth in Negotiations Act (TINA) drives the requirement for cost or pricing data for negotiated procurements above the SAT, but below that level the process is streamlined, using market information, catalogs, prior prices, and competitive pricing to judge value. This applies regardless of whether the item is a service or a supply, since the decision hinges on the dollar threshold, not the nature of the item.