Truthful Cost or Pricing Data Act

The Truthful Cost or Pricing Data Act formerly the Truth in Negotiations Act and still commonly referred to by its prior acronym TINA is designed to protect taxpayers by helping to ensure fair pricing in acquisitions by the federal government. This course will introduce the main features of TINA discuss contractor obligations and exceptions and outline potential consequences of violating the Act. This course was developed with subject matter support provided by The Potomac Law Group PLLC. Please note however that the course materials and content are for informational purposes only and do not constitute legal advice and may or may not reflect the most current legal developments. Nothing herein or in the course materials shall be construed as professional advice as to any particular situation or constitute a legal opinion with respect to compliance with legal statutes or statutory instruments. Transmission of the information is not intended to create and receipt does not constitute an attorney-client relationship. Readers should not act upon this information without seeking independent legal advice.