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Federal glossary · Metric

Evaluated Price

The Evaluated Price is the government's assessment of what a proposal will actually cost, after applying evaluation adjustments. May differ from the proposed price (e.g., cost realism adjustments, option pricing).

Example: The Simplified Acquisition Threshold or a fiscal-year budget measure.

Type
Metric
Defined by
OMB budget guidance
Last reviewed
Jul 2, 2026

Reference record · Sources: OMB budget guidance · Verified Jul 2, 2026 · Covers definition, governing source

Home/Glossary/Evaluated Price
Metric

Evaluated Price

Also known as

EvaluatedPrice

Definition

The Evaluated Price is the government's assessment of what a proposal will actually cost, after applying evaluation adjustments. May differ from the proposed price (e.g., cost realism adjustments, option pricing).

Why does Evaluated Price matter?

is a metric concept federal contractors and grant writers run into across solicitations, regulations, and award filings

Where this matters in federal contracting

Evaluated Price is a measurement used in federal contract evaluation, source selection, oversight, or performance management. For example: Example: The Simplified Acquisition Threshold or a fiscal-year budget measure. Understanding Evaluated Price matters because evaluators use metrics like it to compare proposals quantitatively, score past performance, set award-fee outcomes, and decide who gets the next option year. Contractors who track how Evaluated Price is calculated — and what target values look like in their NAICS or service area — write proposals that are concrete and defensible instead of generic and easily dismissed. Evaluated Price also has implications for contract administration: getting the calculation methodology wrong post-award is a common source of disputes and contracting-officer modifications. Pair Evaluated Price with the related metrics above to see how the federal government composes evaluation criteria into source-selection narratives.

Example

Example: The Simplified Acquisition Threshold or a fiscal-year budget measure.

Meaning in practice

Evaluated Price is a measure used to score, compare, or track government activity.

Where you’ll see it

You will see it in evaluation criteria, dashboards, scorecards, reports, and oversight reviews. Example: Example: The Simplified Acquisition Threshold or a fiscal-year budget measure..

Common confusion

People often confuse the metric with the threshold or decision rule attached to it.

What to do next

Check how the metric is calculated before you compare records or opportunities.

Frequently Asked Questions

What is Evaluated Price in government contracting?▾
The Evaluated Price is the government's assessment of what a proposal will actually cost, after applying evaluation adjustments. May differ from the proposed price (e.g., cost realism adjustments, option pricing).
Can you give an example of Evaluated Price?▾
Yes. Example: The Simplified Acquisition Threshold or a fiscal-year budget measure.
Why is Evaluated Price important for government contractors?▾
Evaluated Price is a metric used to measure or evaluate aspects of government contracting. These metrics are important for proposal evaluation, past performance assessment, and contract management.
Where will I see Evaluated Price?▾
You will see it in evaluation criteria, dashboards, scorecards, reports, and oversight reviews. Example: Example: The Simplified Acquisition Threshold or a fiscal-year budget measure..
What is Evaluated Price commonly confused with?▾
People often confuse the metric with the threshold or decision rule attached to it.
What should I do next when I see Evaluated Price?▾
Check how the metric is calculated before you compare records or opportunities.

Related terms

OMB — Office of Management and Budget
bg-sky-500/20 text-sky-300 border-sky-500/30
Fiscal Year — federal Fiscal Year
bg-green-500/20 text-green-300 border-green-500/30
Obligation
bg-green-500/20 text-green-300 border-green-500/30
Cost Realism
bg-green-500/20 text-green-300 border-green-500/30
Cost Analysis
bg-green-500/20 text-green-300 border-green-500/30
Price Reasonableness
bg-green-500/20 text-green-300 border-green-500/30
Cost Reasonableness
bg-green-500/20 text-green-300 border-green-500/30
Price Analysis
bg-green-500/20 text-green-300 border-green-500/30

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Source trail

Evaluated Price page
Canonical glossary term page last reviewed 2026-07-02.
Glossary
OMB budget guidance
Official source trail.
Source

More metric terms

ObligationCost RealismCost AnalysisPrice ReasonablenessCost ReasonablenessPrice AnalysisShould CostProfit AnalysisODCPOPEVMNTE
Source: OMB budget guidance·Last updated 2026-07-02 by Bureauify·Category: Metric

What to ask next

  • What is OMB — Office of Management and Budget?
  • What is Fiscal Year — federal Fiscal Year?
  • What is Obligation?
  • What is Cost Realism?
  • What is Cost Analysis?
  • What is Price Reasonableness?

What can I do?

FollowSave

Route: Orientation path

  1. 1.Discover — you are here
  2. 2.Decide — follow to monitor
  3. 3.Act — follow to monitor

Follow Evaluated Price

Get notified when usage of Evaluated Price changes in contracts or guidance.

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