# What Are the Primary Models for Evaluating Price in a Government RFP? ▴ Question

**Published:** 2025-08-09
**Categories:** Question

---

![Modular institutional-grade execution system components reveal luminous green data pathways, symbolizing high-fidelity cross-asset connectivity. This depicts intricate market microstructure facilitating RFQ protocol integration for atomic settlement of digital asset derivatives within a Principal's operational framework, underpinned by a Prime RFQ intelligence layer](https://options.greeks.live/wp-content/uploads/2025/07/modular-high-fidelity-execution-architecture-for-institutional-digital-asset-derivatives-rfq-protocol-integration-and-principals-operational-framework-optimization.jpg)

![Teal and dark blue intersecting planes depict RFQ protocol pathways for digital asset derivatives. A large white sphere represents a block trade, a smaller dark sphere a hedging component](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-liquidity.jpg)

## Concept

The evaluation of price within a government Request for Proposal (RFP) represents a complex analytical challenge. It is a structured process designed to ensure the responsible use of public funds while securing the necessary quality and performance to meet a specific mission or public need. This process moves beyond a simple comparison of bottom-line numbers; it is a disciplined assessment of value, risk, and an offeror’s fundamental understanding of the requirements.

The core objective is to determine a [fair and reasonable price](https://prime.greeks.live/area/fair-and-reasonable-price/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite), a standard that protects the government from overpaying while ensuring that the price is sufficient for a capable contractor to perform the work successfully. A bid priced too low can be as detrimental as one priced too high, introducing risks of non-performance, corner-cutting, and eventual default, which ultimately translates to mission failure and increased long-term costs.

At its heart, the system of [price evaluation](https://prime.greeks.live/question/how-does-the-total-cost-of-ownership-differ-from-the-purchase-price-in-an-rfp-evaluation/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) is a mechanism for balancing competing priorities. The [contracting officer](https://prime.greeks.live/question/what-is-the-role-of-the-contracting-officer-in-managing-and-documenting-rfp-modifications/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite), as the steward of taxpayer money, is tasked with achieving the best possible value. This requires a sophisticated understanding of the market, the specific goods or services being procured, and the various factors that can influence price. The evaluation is not a monolithic activity but a tailored approach that adapts to the nature of the procurement.

For commercially available, off-the-shelf products, the analysis might be straightforward, relying on market comparisons. For complex, developmental systems or unique professional services, the analysis must become a forensic examination of an offeror’s [proposed costs](https://prime.greeks.live/question/how-will-the-proposed-shift-to-a-single-volume-cap-change-the-logic-of-smart-order-routers/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) and operational approach. This duality requires a flexible yet rigorous framework, one that can provide a defensible basis for an award decision that serves the public interest.

> The fundamental goal of price evaluation in a government RFP is to establish a defensible basis for awarding a contract at a fair and reasonable price that balances cost, quality, and performance risk.

The entire evaluative framework is built upon a foundation of procedural fairness and transparency. Every offeror must be assessed against the same set of criteria, as laid out in the RFP. This ensures that the competitive process is robust and that the final award decision is justifiable and can withstand scrutiny.

The models used for this evaluation are therefore critical components of a much larger system of public trust. They are the analytical instruments through which the government demonstrates its commitment to fiscal responsibility and mission effectiveness, turning the abstract principles of good governance into a concrete, documented, and repeatable process.

![An institutional grade system component, featuring a reflective intelligence layer lens, symbolizes high-fidelity execution and market microstructure insight. This enables price discovery for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-precision-rfq-execution-system-interface.jpg)

![Precision metallic pointers converge on a central blue mechanism. This symbolizes Market Microstructure of Institutional Grade Digital Asset Derivatives, depicting High-Fidelity Execution and Price Discovery via RFQ protocols, ensuring Capital Efficiency and Atomic Settlement for Multi-Leg Spreads](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocols-for-precision-execution.jpg)

## Strategy

The strategic selection of a price evaluation model is dictated by the specifics of the acquisition. Government procurement regulations, such as the [Federal Acquisition Regulation](https://prime.greeks.live/news/trump-media-bitcoin-acquisition-boosts-crypto-market-rebound/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) (FAR), provide a portfolio of analytical techniques that allow contracting officers to tailor their approach. The choice of model is a strategic decision that directly influences the procurement’s outcome, determining the type of data required from offerors and the lens through which their proposals will be viewed. The two primary strategic pathways are [Price Analysis](https://prime.greeks.live/area/price-analysis/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) and Cost Analysis, each with distinct methodologies and applications.

![A precision instrument probes a speckled surface, visualizing market microstructure and liquidity pool dynamics within a dark pool. This depicts RFQ protocol execution, emphasizing price discovery for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-execution-flow.jpg)

## The Two Pillars of Price Evaluation

Understanding the strategic application of Price Analysis versus [Cost Analysis](https://prime.greeks.live/area/cost-analysis/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) is fundamental to grasping government procurement. The decision to use one over the other, or a combination of both, is the first and most critical strategic choice in the evaluation process.

![Robust metallic structures, one blue-tinted, one teal, intersect, covered in granular water droplets. This depicts a principal's institutional RFQ framework facilitating multi-leg spread execution, aggregating deep liquidity pools for optimal price discovery and high-fidelity atomic settlement of digital asset derivatives for enhanced capital efficiency](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocols-optimized-for-high-fidelity-execution.jpg)

## Price Analysis a Market-Based Assessment

Price Analysis is the process of evaluating a proposed price without examining its constituent cost elements and profit. This model is the preferred approach when procuring commercial items or when robust price competition exists. The underlying strategy is to leverage market forces to determine price reasonableness.

The government seeks to act as a prudent buyer in a commercial marketplace, comparing proposed prices against external benchmarks. This method is efficient and effective when such benchmarks are available and reliable.

Several techniques are employed within a Price Analysis framework:

- **Comparison of Competitive Offers** ▴ When multiple responsive proposals are received, the comparison of the proposed prices is often the most direct and preferred method for establishing reasonableness. The very nature of competition provides a powerful indicator of a fair market price. 

- **Comparison to Historical Prices** ▴ The government will often compare proposed prices to what it, or other government and commercial entities, has paid for the same or similar items in the past. Adjustments are made for inflation, differences in quantities, and terms and conditions to ensure a valid comparison. 

- **Use of Parametric Estimating Methods** ▴ This technique involves using statistical relationships between historical costs and other variables (e.g. cost per square foot, price per horsepower) to project a [reasonable price](https://prime.greeks.live/question/how-do-courts-interpret-commercially-reasonable-procedures-in-close-out-amount-calculations/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite). It is particularly useful for items that have a predictable cost relationship with a physical or performance characteristic. 

- **Comparison with Published Market Prices** ▴ For many commodities and standard articles of commerce, prices are available in published catalogs or market indexes. These provide a direct, independent benchmark for evaluation. 

![Modular, metallic components interconnected by glowing green channels represent a robust Principal's operational framework for institutional digital asset derivatives. This signifies active low-latency data flow, critical for high-fidelity execution and atomic settlement via RFQ protocols across diverse liquidity pools, ensuring optimal price discovery](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocol-high-fidelity-execution.jpg)

## Cost Analysis a Forensic Examination

Cost Analysis is a more detailed and intrusive evaluation. It is required when certified cost or pricing data are necessary, typically in non-competitive or complex procurements where a simple price comparison is insufficient. This model involves a thorough review of the individual elements of an offeror’s proposed costs, including direct labor, materials, overhead rates, general and administrative expenses, and proposed profit. The strategy here is to build up a picture of what the contract should cost, assuming a reasonable level of economy and efficiency.

> Cost Analysis is employed when market forces are absent or unreliable, requiring the government to synthetically create a reasonable price by analyzing the underlying cost structure.

This process is inherently more resource-intensive for both the government and the contractor. The government must have personnel with the expertise to analyze accounting systems, labor rates, and manufacturing processes. The contractor must provide detailed data, which can be sensitive and proprietary. The core of Cost Analysis is verifying that the proposed costs are allowable, allocable, and reasonable.

![Abstract system interface on a global data sphere, illustrating a sophisticated RFQ protocol for institutional digital asset derivatives. The glowing circuits represent market microstructure and high-fidelity execution within a Prime RFQ intelligence layer, facilitating price discovery and capital efficiency across liquidity pools](https://options.greeks.live/wp-content/uploads/2025/08/institutional-digital-asset-derivatives-rfq-protocol-execution-prime-os.jpg)

## Integrating Cost Realism Analysis

In procurements for complex services or systems, particularly under cost-reimbursement contracts, a third strategic layer is introduced ▴ [Cost Realism Analysis](https://prime.greeks.live/area/cost-realism-analysis/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite). This analysis assesses the compatibility of an offeror’s proposed costs with their proposed technical and management approach. The government determines if the estimated costs are realistic for the work to be performed. A bid with unrealistically low costs might indicate that the offeror does not understand the requirements, or it might pose a [performance risk](https://prime.greeks.live/area/performance-risk/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) if the contractor is forced to cut corners to stay within budget.

The probable cost to the government is then calculated based on this analysis, and this figure, not the offeror’s proposed cost, is used for the final evaluation. This prevents contractors from “buying in” with an unrealistically low bid on a cost-reimbursement contract.

The following table illustrates the strategic application of these primary models:

| Evaluation Model | Primary Application | Data Requirements | Strategic Objective |
| --- | --- | --- | --- |
| Price Analysis | Competitive procurements, commercial items | Proposed unit/total prices, historical price data, market data | Leverage market forces to determine price reasonableness efficiently. |
| Cost Analysis | Sole-source procurements, non-commercial items, negotiated contracts | Certified cost and pricing data (labor, materials, overheads, profit) | Construct a fair and reasonable price by analyzing intrinsic cost elements. |
| Cost Realism Analysis | Cost-reimbursement contracts, complex technical proposals | Detailed cost proposals aligned with technical approach | Assess performance risk by ensuring proposed costs align with technical capability and understanding. |

![A solid object, symbolizing Principal execution via RFQ protocol, intersects a translucent counterpart representing algorithmic price discovery and institutional liquidity. This dynamic within a digital asset derivatives sphere depicts optimized market microstructure, ensuring high-fidelity execution and atomic settlement](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-microstructure-orchestration.jpg)

![A central glowing teal mechanism, an RFQ engine core, integrates two distinct pipelines, representing diverse liquidity pools for institutional digital asset derivatives. This visualizes high-fidelity execution within market microstructure, enabling atomic settlement and price discovery for Bitcoin options and Ethereum futures via private quotation](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-engine-microstructure-3.jpg)

## Execution

The execution of price evaluation models is a disciplined, multi-step process that transforms strategic intent into a defensible award decision. It requires a meticulous application of analytical techniques, rigorous documentation, and sound professional judgment. The contracting officer orchestrates this process, often drawing on the expertise of auditors, engineers, and technical specialists to ensure a comprehensive assessment.

![A metallic ring, symbolizing a tokenized asset or cryptographic key, rests on a dark, reflective surface with water droplets. This visualizes a Principal's operational framework for High-Fidelity Execution of Institutional Digital Asset Derivatives](https://options.greeks.live/wp-content/uploads/2025/07/high-fidelity-institutional-digital-asset-derivatives-rfq-protocol-execution.jpg)

## The Operational Playbook for Price Analysis

When executing a price analysis, the primary goal is to establish a zone of reasonableness against which the competitive offers can be judged. This is an active, investigative process, not a passive acceptance of the lowest bid.

- **Establish the Basis for Comparison** ▴ Before proposals are even received, the government team often develops an [Independent Government Cost Estimate](https://prime.greeks.live/area/independent-government-cost-estimate/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite) (IGCE). This serves as an internal benchmark. Once offers are submitted, the contracting officer selects the most appropriate comparative data, which could be the other competitive bids, historical prices, or published market rates. 

- **Normalize the Data** ▴ A critical step is to ensure an “apples-to-apples” comparison. Prices must be adjusted to account for differences between the current requirement and the comparative data. Common adjustments include:

<li>**Quantity Differences** ▴ Adjusting for economies of scale.

- **Shipping and Terms** ▴ Normalizing for FOB Origin vs. FOB Destination.

- **Inflation** ▴ Using economic price indices to bring historical prices to present-day values.

- **Minor Modifications** ▴ Quantifying the value of slight differences in specifications.

</li>
- **Perform the Analysis** ▴ Using the normalized data, the contracting officer applies one or more techniques. For instance, they might average the competitive quotes (excluding outliers) to establish a mean, or use a regression analysis on historical data to predict a price based on a key variable. 

- **Document the Determination** ▴ Every step of the analysis, including the data used, the adjustments made, and the final conclusion, must be meticulously documented in a Price Negotiation Memorandum (PNM) or equivalent file. This document is the official record that demonstrates how the contracting officer concluded that the final agreed-upon price was fair and reasonable. 

![Precisely aligned forms depict an institutional trading system's RFQ protocol interface. Circular elements symbolize market data feeds and price discovery for digital asset derivatives](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-interface-optimization.jpg)

## Executing a Cost Analysis

A cost analysis is a far more granular undertaking. It is a deep dive into the offeror’s business and operational structure. The execution relies heavily on the review of certified cost or pricing data.

![A polished metallic needle, crowned with a faceted blue gem, precisely inserted into the central spindle of a reflective digital storage platter. This visually represents the high-fidelity execution of institutional digital asset derivatives via RFQ protocols, enabling atomic settlement and liquidity aggregation through a sophisticated Prime RFQ intelligence layer for optimal price discovery and alpha generation](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-optimization-for-high-fidelity-execution-and-liquidity-aggregation-via-prime-os-intelligence-layer.jpg)

## The Anatomy of a Cost Proposal

The government team dissects the proposal into its fundamental components:

- **Direct Costs** ▴ These are costs identified specifically with the contract, such as the labor hours for engineers working on the project or the materials required to build the product. The analysis here would verify, for example, that the proposed labor categories and rates are appropriate for the work described in the technical proposal. 

- **Indirect Costs** ▴ These are costs that are not directly tied to a single contract but are necessary for business operations. Examples include factory overhead, general and administrative (G&A) expenses, and facilities costs. The government will analyze the offeror’s indirect cost rates to ensure they are calculated correctly and applied consistently. This often involves assistance from the Defense Contract Audit Agency (DCAA) or other cognizant audit agencies. 

- **Profit/Fee** ▴ The proposed profit or fee is analyzed to determine if it is reasonable given the contract type, risk, and contractor’s investment. The government uses a structured approach, often called a “[weighted guidelines](https://prime.greeks.live/area/weighted-guidelines/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite)” method, to develop a pre-negotiation profit objective based on factors like performance risk, contract type risk, and cost efficiency. 

> The execution of a cost analysis is a forensic accounting exercise designed to ensure that every dollar proposed by the contractor is allowable, allocable, and reasonable.

The following table provides a simplified example of a cost element breakdown and potential government analysis points for a hypothetical manufacturing project.

| Cost Element | Offeror’s Proposal | Government Analysis Position | Rationale for Variance |
| --- | --- | --- | --- |
| Direct Engineering Labor | $500,000 (10,000 hrs @ $50/hr) | $450,000 (9,000 hrs @ $50/hr) | Offeror’s estimate of hours is 10% higher than historical data for similar complexity. |
| Raw Materials | $250,000 | $250,000 | Vendor quotes provided by offeror appear reasonable and are consistent with market prices. |
| Manufacturing Overhead (150% of Labor) | $750,000 | $675,000 | Rate is accepted, but the base (Direct Labor) is adjusted downward per analysis. |
| G&A Expense (10% of Total Cost) | $150,000 | $137,500 | Rate is accepted, but applied to the adjusted total cost base. |
| Total Estimated Cost | $1,650,000 | $1,512,500 | Represents the government’s pre-negotiation cost objective. |
| Proposed Profit (10%) | $165,000 | $151,250 (10%) | Profit percentage is deemed reasonable, but applied to the lower cost objective. |
| Total Proposed Price | $1,815,000 | $1,663,750 | This becomes the basis for negotiation with the offeror. |

This analytical process forms the basis for the government’s negotiation position. The contracting officer will engage with the offeror to resolve the differences between the proposed costs and the government’s objective, ultimately arriving at a final price that both parties can agree is fair and reasonable.

![A sleek blue surface with droplets represents a high-fidelity Execution Management System for digital asset derivatives, processing market data. A lighter surface denotes the Principal's Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-execution-for-optimal-price-discovery.jpg)

## References

- U.S. Government Accountability Office. GAO Cost Estimating and Assessment Guide ▴ Best Practices for Developing and Managing Capital Program Costs. GAO-09-3SP. Government Accountability Office, 2009.

- Federal Acquisition Regulation (FAR). Part 15, “Contracting by Negotiation.” General Services Administration, et al.

- Defense Federal Acquisition Regulation Supplement (DFARS). Part 215, “Contracting by Negotiation.” Department of Defense.

- National Contract Management Association. The Contract Management Body of Knowledge (CMBOK). 6th ed. NCMA, 2019.

- Coggburn, J. D. “The new public procurement ▴ A comparison of the Federal Acquisition Regulation and the American Bar Association’s Model Procurement Code.” Public Administration Review, vol. 64, no. 1, 2004, pp. 43-52.

- Fleming, Quentin W. and Joel M. Koppelman. Earned Value Project Management. 4th ed. Project Management Institute, 2010.

- Garrett, Gregory A. World-Class Contracting ▴ A Quantitative Approach. 5th ed. CCH Inc. 2010.

- Rendon, Rene G. “Procurement and Contract Management Competencies ▴ A Case Study.” Journal of Public Procurement, vol. 8, no. 3, 2008, pp. 322-343.

![A reflective, metallic platter with a central spindle and an integrated circuit board edge against a dark backdrop. This imagery evokes the core low-latency infrastructure for institutional digital asset derivatives, illustrating high-fidelity execution and market microstructure dynamics](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-rfq-execution-infrastructure-precision.jpg)

## Reflection

![A robust circular Prime RFQ component with horizontal data channels, radiating a turquoise glow signifying price discovery. This institutional-grade RFQ system facilitates high-fidelity execution for digital asset derivatives, optimizing market microstructure and capital efficiency](https://options.greeks.live/wp-content/uploads/2025/07/institutional-rfq-engine-for-digital-asset-derivatives-execution.jpg)

## A System of Deliberate Judgment

The models for price evaluation in government procurement are more than a set of procedural rules; they constitute an operating system for exercising deliberate judgment. The choice between a market-based price analysis and a forensic cost analysis is a strategic fork in the road, guided by the nature of the requirement. Each path leads to a different form of engagement with the industrial base and a different method for constructing a defensible price. The rigor of this system, from the initial independent government estimate to the final documentation of the price negotiation, is what underpins the integrity of [public procurement](https://prime.greeks.live/area/public-procurement/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite).

Ultimately, these frameworks are tools for risk mitigation. An unrealistically low price poses a performance risk, while an unreasonably high price represents a financial risk. The analytical process is designed to find the point of equilibrium where the government can secure its required capability at a price that is fair to the taxpayer and sustainable for a competent contractor. Viewing your organization’s approach to pricing not as a series of isolated calculations, but as an integrated system for understanding value and managing risk, is the first step toward achieving consistently superior procurement outcomes.

![Interlocking transparent and opaque geometric planes on a dark surface. This abstract form visually articulates the intricate Market Microstructure of Institutional Digital Asset Derivatives, embodying High-Fidelity Execution through advanced RFQ protocols](https://options.greeks.live/wp-content/uploads/2025/07/geometric-abstraction-of-institutional-digital-asset-derivatives-market-microstructure-driving-high-fidelity-execution-via-principal-rfq-protocols-and-optimal-liquidity-aggregation.jpg)

## Glossary

<a href="https://prime.greeks.live/area/fair-and-reasonable-price/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A sophisticated institutional-grade device featuring a luminous blue core, symbolizing advanced price discovery mechanisms and high-fidelity execution for digital asset derivatives. This intelligence layer supports private quotation via RFQ protocols, enabling aggregated inquiry and atomic settlement within a Prime RFQ framework](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-prime-os-core-intelligence.jpg)

## Fair and Reasonable Price

Meaning ▴ A Fair and Reasonable Price denotes a transaction price point that is equitable, transparent, and justifiable based on current market conditions, specific asset characteristics, and prevailing economic factors. </a><a href="https://prime.greeks.live/question/what-is-the-role-of-the-contracting-officer-in-managing-and-documenting-rfp-modifications/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A sophisticated digital asset derivatives execution platform showcases its core market microstructure. A speckled surface depicts real-time market data streams](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-core-microstructure.jpg)

## Contracting Officer

The Contracting Officer's role is to wield sole authority in amending RFPs, ensuring all changes are documented and distributed to maintain competitive fairness. </a><a href="https://prime.greeks.live/question/how-does-the-total-cost-of-ownership-differ-from-the-purchase-price-in-an-rfp-evaluation/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Smooth, layered surfaces represent a Prime RFQ Protocol architecture for Institutional Digital Asset Derivatives. They symbolize integrated Liquidity Pool aggregation and optimized Market Microstructure](https://options.greeks.live/wp-content/uploads/2025/07/market-microstructure-rfq-protocols-for-digital-asset-derivatives.jpg)

## Price Evaluation

TCO quantifies the complete lifecycle cost of an asset, providing a strategic advantage over the limited perspective of purchase price. </a><a href="https://prime.greeks.live/question/how-will-the-proposed-shift-to-a-single-volume-cap-change-the-logic-of-smart-order-routers/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Intersecting opaque and luminous teal structures symbolize converging RFQ protocols for multi-leg spread execution. Surface droplets denote market microstructure granularity and slippage](https://options.greeks.live/wp-content/uploads/2025/07/rfq-protocols-for-digital-asset-derivatives-high-fidelity-execution.jpg)

## Proposed Costs

A single volume cap forces a Smart Order Router to evolve from a reactive price-taker to a predictive manager of a finite resource. </a><a href="https://prime.greeks.live/news/trump-media-bitcoin-acquisition-boosts-crypto-market-rebound/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Interlocking dark modules with luminous data streams represent an institutional-grade Crypto Derivatives OS. It facilitates RFQ protocol integration for multi-leg spread execution, enabling high-fidelity execution, optimal price discovery, and capital efficiency in market microstructure](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-execution.jpg)

## Federal Acquisition Regulation

This market movement underscores the systemic impact of institutional treasury strategies on digital asset valuations, influencing broader market sentiment. </a><a href="https://prime.greeks.live/area/price-analysis/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A precise digital asset derivatives trading mechanism, featuring transparent data conduits symbolizing RFQ protocol execution and multi-leg spread strategies. Intricate gears visualize market microstructure, ensuring high-fidelity execution and robust price discovery](https://options.greeks.live/wp-content/uploads/2025/07/high-fidelity-institutional-digital-asset-derivatives-rfq-execution-framework.jpg)

## Price Analysis

Meaning ▴ Price Analysis is the systematic examination and evaluation of proposed or observed prices for digital assets or their derivatives to ascertain their fairness, competitiveness, and adherence to market benchmarks. </a><a href="https://prime.greeks.live/area/cost-analysis/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A sophisticated institutional-grade system's internal mechanics. A central metallic wheel, symbolizing an algorithmic trading engine, sits above glossy surfaces with luminous data pathways and execution triggers](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-engine-core.jpg)

## Cost Analysis

Meaning ▴ Cost Analysis is the systematic process of identifying, quantifying, and evaluating all explicit and implicit expenses associated with trading activities, particularly within the complex and often fragmented crypto investing landscape. </a><a href="https://prime.greeks.live/question/how-do-courts-interpret-commercially-reasonable-procedures-in-close-out-amount-calculations/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A multi-faceted algorithmic execution engine, reflective with teal components, navigates a cratered market microstructure. It embodies a Principal's operational framework for high-fidelity execution of digital asset derivatives, optimizing capital efficiency, best execution via RFQ protocols in a Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/07/advanced-rfq-protocol-engine-for-institutional-digital-asset-derivatives.jpg)

## Reasonable Price

Courts interpret "commercially reasonable procedures" as an objective, evidence-based standard for valuing derivative close-outs. </a><a href="https://prime.greeks.live/area/cost-realism-analysis/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A symmetrical, high-tech digital infrastructure depicts an institutional-grade RFQ execution hub. Luminous conduits represent aggregated liquidity for digital asset derivatives, enabling high-fidelity execution and atomic settlement](https://options.greeks.live/wp-content/uploads/2025/07/prime-os-institutional-digital-asset-derivatives-rfq-system.jpg)

## Cost Realism Analysis

Meaning ▴ Cost Realism Analysis, in the context of crypto investment and technology procurement, is an evaluation process that objectively assesses whether proposed costs for a project, service, or asset acquisition are accurate, consistent with the scope of work, and reflective of market conditions. </a><a href="https://prime.greeks.live/area/performance-risk/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A precise central mechanism, representing an institutional RFQ engine, is bisected by a luminous teal liquidity pipeline. This visualizes high-fidelity execution for digital asset derivatives, enabling precise price discovery and atomic settlement within an optimized market microstructure for multi-leg spreads](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-core-execution-system-1.jpg)

## Performance Risk

Meaning ▴ Performance risk, within the context of crypto investing, refers to the potential for an investment, a specific digital asset, or an entire portfolio of digital assets to underperform its expected returns or a predefined benchmark. </a><a href="https://prime.greeks.live/area/independent-government-cost-estimate/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A sleek, light interface, a Principal's Prime RFQ, overlays a dark, intricate market microstructure. This represents institutional-grade digital asset derivatives trading, showcasing high-fidelity execution via RFQ protocols](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-prime-os-execution-system.jpg)

## Independent Government Cost Estimate

Meaning ▴ An Independent Government Cost Estimate (IGCE), adapted to the crypto sector, represents a government agency's internally developed, objective assessment of the expected cost for acquiring goods or services related to blockchain technology or crypto asset management. </a><a href="https://prime.greeks.live/area/weighted-guidelines/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![Diagonal composition of sleek metallic infrastructure with a bright green data stream alongside a multi-toned teal geometric block. This visualizes High-Fidelity Execution for Digital Asset Derivatives, facilitating RFQ Price Discovery within deep Liquidity Pools, critical for institutional Block Trades and Multi-Leg Spreads on a Prime RFQ](https://options.greeks.live/wp-content/uploads/2025/07/high-fidelity-digital-asset-derivatives-rfq-execution-optimization-leveraging-proprietary-institutional-prime-os-for-optimal-price-discovery-and-latency-reduction.jpg)

## Weighted Guidelines

Meaning ▴ Weighted Guidelines are a decision-making framework where various criteria are assigned different levels of importance or influence through numerical weighting factors. </a><a href="https://prime.greeks.live/area/public-procurement/?utm_source=options.greeks.live&utm_medium=referral&utm_campaign=satellite" class="glossary-item-box">
![A precisely engineered multi-component structure, split to reveal its granular core, symbolizes the complex market microstructure of institutional digital asset derivatives. This visual metaphor represents the unbundling of multi-leg spreads, facilitating transparent price discovery and high-fidelity execution via RFQ protocols within a Principal's operational framework](https://options.greeks.live/wp-content/uploads/2025/07/institutional-grade-digital-asset-derivatives-rfq-protocols-revealing-market-microstructure-for-high-fidelity-execution-and-atomic-settlement-within-principals-operational-framework.jpg)

## Public Procurement

Meaning ▴ Public Procurement, when applied to the domain of crypto technology, refers to the structured process by which governmental bodies and public sector organizations acquire digital assets, blockchain-based services, or related infrastructure. </a>

**Tags:** [Public Procurement](https://options.greeks.live/area/public-procurement/), [Best Value](https://options.greeks.live/area/best-value/), [Price Negotiation Memorandum (PNM)](https://options.greeks.live/area/price-negotiation-memorandum-pnm/), [Competitive Procurement](https://options.greeks.live/area/competitive-procurement/), [Cost Realism](https://options.greeks.live/area/cost-realism/), [Weighted Guidelines](https://options.greeks.live/area/weighted-guidelines/)	

## Discover More

- 
### [What Role Do Information Leakage Controls Play in Securing Optimal Block Trade Pricing?](https://options.greeks.live/question/what-role-do-information-leakage-controls-play-in-securing-optimal-block-trade-pricing/)
![Interlocking transparent and opaque geometric planes on a dark surface. This abstract form visually articulates the intricate Market Microstructure of Institutional Digital Asset Derivatives, embodying High-Fidelity Execution through advanced RFQ protocols. It symbolizes Aggregated Inquiry, optimal Liquidity Pool access, and Atomic Settlement within a Principal OS.](https://options.greeks.live/wp-content/uploads/2025/07/geometric-abstraction-of-institutional-digital-asset-derivatives-market-microstructure-driving-high-fidelity-execution-via-principal-rfq-protocols-and-optimal-liquidity-aggregation.jpg)

Information leakage controls fortify block trade pricing by shielding order intent, preventing adverse selection, and preserving capital efficiency through discreet execution protocols.

- 
### [What Quantitative Models Inform Pre-Trade Analysis in Institutional Crypto Options Trading?](https://options.greeks.live/question/what-quantitative-models-inform-pre-trade-analysis-in-institutional-crypto-options-trading/)
![A central, bi-sected circular element, symbolizing a liquidity pool within market microstructure, is bisected by a diagonal bar. This represents high-fidelity execution for digital asset derivatives via RFQ protocols, enabling price discovery and bilateral negotiation in a Prime RFQ.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-crypto-derivatives-execution-rfq-price-discovery-core.jpg)

Quantitative models form a pre-trade system to price, risk-manage, and stress-test crypto option strategies for superior execution.

- 
### [How Does the Evaluation Process Differ between an Ifb and an Rfp?](https://options.greeks.live/question/how-does-the-evaluation-process-differ-between-an-ifb-and-an-rfp/)
![A sleek metallic teal execution engine, representing a Crypto Derivatives OS, interfaces with a luminous pre-trade analytics display. This abstract view depicts institutional RFQ protocols enabling high-fidelity execution for multi-leg spreads, optimizing market microstructure and atomic settlement.](https://options.greeks.live/wp-content/uploads/2025/07/advanced-institutional-digital-asset-derivatives-rfq-protocol-engine-for-high-fidelity-execution-and-market-microstructure-analysis.jpg)

The IFB evaluation process is a price-driven, objective assessment, while the RFP evaluation is a value-based, subjective analysis.

- 
### [How Do Market Microstructure Dynamics Influence Derivatives Block Trade Execution?](https://options.greeks.live/question/how-do-market-microstructure-dynamics-influence-derivatives-block-trade-execution/)
![This visual represents an advanced Principal's operational framework for institutional digital asset derivatives. A foundational liquidity pool seamlessly integrates dark pool capabilities for block trades. A precision execution pipeline supports diverse digital asset derivatives instruments, facilitated by an RFQ protocol for atomic settlement and best execution across the market microstructure.](https://options.greeks.live/wp-content/uploads/2025/07/principal-crypto-derivatives-os-rfq-execution-microstructure.jpg)

Precision execution of derivatives block trades leverages microstructural insights to control price impact and information leakage, securing optimal capital deployment.

- 
### [What Are the Best Benchmarks for Evaluating Illiquid Crypto Options Execution?](https://options.greeks.live/question/what-are-the-best-benchmarks-for-evaluating-illiquid-crypto-options-execution/)
![A modular system with beige and mint green components connected by a central blue cross-shaped element, illustrating an institutional-grade RFQ execution engine. This sophisticated architecture facilitates high-fidelity execution, enabling efficient price discovery for multi-leg spreads and optimizing capital efficiency within a Prime RFQ framework for digital asset derivatives.](https://options.greeks.live/wp-content/uploads/2025/07/principal-prime-os-rfq-engine-for-digital-asset-derivatives.jpg)

Optimal illiquid crypto options execution demands rigorous transaction cost analysis, robust pre-trade modeling, and adaptive post-trade attribution.

- 
### [How Does Information Leakage Affect Block Trade Execution Quality?](https://options.greeks.live/question/how-does-information-leakage-affect-block-trade-execution-quality/)
![A sleek, angled object, featuring a dark blue sphere, cream disc, and multi-part base, embodies a Principal's operational framework. This represents an institutional-grade RFQ protocol for digital asset derivatives, facilitating high-fidelity execution and price discovery within market microstructure, optimizing capital efficiency.](https://options.greeks.live/wp-content/uploads/2025/08/prime-os-rfq-for-institutional-digital-asset-derivatives-execution.jpg)

Information leakage degrades block trade execution by signaling intent, causing adverse price selection before the order is fully filled.

- 
### [What Are the Best Practices for Transaction Cost Analysis in Crypto Options?](https://options.greeks.live/question/what-are-the-best-practices-for-transaction-cost-analysis-in-crypto-options/)
![A dynamic composition depicts an institutional-grade RFQ pipeline connecting a vast liquidity pool to a split circular element representing price discovery and implied volatility. This visual metaphor highlights the precision of an execution management system for digital asset derivatives via private quotation.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-protocol-pipeline-for-precise-price-discovery-and-volatility-surface-analysis.jpg)

Optimizing crypto options execution requires precise TCA, dissecting market impact and slippage for superior capital efficiency.

- 
### [What Advanced Analytical Techniques Enhance Block Trade Execution Quality?](https://options.greeks.live/question/what-advanced-analytical-techniques-enhance-block-trade-execution-quality/)
![A modular, dark-toned system with light structural components and a bright turquoise indicator, representing a sophisticated Crypto Derivatives OS for institutional-grade RFQ protocols. It signifies private quotation channels for block trades, enabling high-fidelity execution and price discovery through aggregated inquiry, minimizing slippage and information leakage within dark liquidity pools.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-system-for-optimal-execution-1.jpg)

Advanced analytics enhance block trade execution by providing predictive liquidity insights, adaptive algorithmic control, and rigorous post-trade performance attribution.

- 
### [What Are the Primary Risks Associated with Non-Firm Quote Execution?](https://options.greeks.live/question/what-are-the-primary-risks-associated-with-non-firm-quote-execution/)
![A sophisticated, multi-layered trading interface, embodying an Execution Management System EMS, showcases institutional-grade digital asset derivatives execution. Its sleek design implies high-fidelity execution and low-latency processing for RFQ protocols, enabling price discovery and managing multi-leg spreads with capital efficiency across diverse liquidity pools.](https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-trading-platform-market-microstructure.jpg)

Non-firm quote risks center on execution uncertainty and information leakage, managed through a data-driven, adaptive execution system.

---

## Raw Schema Data

```json
{
    "@context": "https://schema.org",
    "@type": "BreadcrumbList",
    "itemListElement": [
        {
            "@type": "ListItem",
            "position": 1,
            "name": "Home",
            "item": "https://options.greeks.live"
        },
        {
            "@type": "ListItem",
            "position": 2,
            "name": "Question",
            "item": "https://options.greeks.live/question/"
        },
        {
            "@type": "ListItem",
            "position": 3,
            "name": "What Are the Primary Models for Evaluating Price in a Government RFP?",
            "item": "https://options.greeks.live/question/what-are-the-primary-models-for-evaluating-price-in-a-government-rfp/"
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "Organization",
    "@id": "https://greeks.live/#organization",
    "name": "Greeks.Live",
    "url": "https://greeks.live/",
    "description": "Greeks.live is the definitive toolkit for the professional options trader, dedicated to empowering our users with institutional-grade data, advanced analytics, and a comprehensive suite of trading tools designed to provide a decisive edge in the market. Every article and guide published under the Greeks.live name is a product of our deep commitment to data-driven analysis and our mission to support the global trading community.",
    "email": "support@greeks.live",
    "logo": {
        "@type": "ImageObject",
        "url": "https://options.greeks.live/wp-content/uploads/2025/07/Greeks.Live-Logo-Icon.svg"
    },
    "hasPart": [
        {
            "@type": "WebSite",
            "name": "About Us",
            "url": "https://about.greeks.live"
        },
        {
            "@type": "WebSite",
            "name": "App Download Page",
            "url": "https://about.greeks.live/#/download/basic_trade"
        },
        {
            "@type": "WebSite",
            "name": "Newcomers' Guide",
            "url": "https://twisty-sign-c8b.notion.site/Guide-for-Greeks-live-X-Deribit-Newbies-5a08a3052822427d800af6eaf3704c8d"
        },
        {
            "@type": "WebSite",
            "name": "Knowledge Base",
            "url": "https://linktr.ee/greeks.live"
        },
        {
            "@type": "WebSite",
            "name": "Option Terminology",
            "url": "https://greekslive.notion.site/88dfc00e7c584d4d8969b6302a79a12f?pvs=4"
        },
        {
            "@type": "WebSite",
            "name": "Terms of Service",
            "url": "https://greeks.live/#/tos"
        },
        {
            "@type": "WebSite",
            "name": "Disclaimer",
            "url": "https://greeks.live/#/disclaimer"
        }
    ],
    "sameAs": [
        "https://x.com/greekslive",
        "https://youtube.com/@greeks_live?si=-KjT0Lkw4WUCI0tD",
        "https://t.me/greekslive_notifications",
        "https://t.me/greekslive",
        "https://pinterest.com/greekslive/"
    ],
    "makesOffer": [
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "RFQ Platform",
                "url": "https://rfq.greeks.live",
                "description": "Execute institutional-grade block trades for crypto options and futures. This platform provides deep, over-the-counter (OTC) liquidity via a professional Request for Quote system.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Lending Tools",
                "url": "https://lend.greeks.live",
                "description": "Manage crypto lending and borrowing activities to earn yield or secure loans. This suite of tools helps users analyze interest rates and manage collateralized debt positions.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Data Lab",
                "url": "https://greeks.live/#/deribit/tools/datalab/BTC",
                "description": "Analyze historical and real-time options data with advanced metrics. This tool is designed for backtesting strategies and identifying market trends through comprehensive data visualization.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Profit & Loss Analysis (PnL)",
                "url": "https://greeks.live/#/deribit/tools/pnl_analysis",
                "description": "Track and analyze the Profit and Loss (PnL) of your options portfolio. This tool provides detailed performance metrics to help traders evaluate and refine their strategies.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Position Visualization",
                "url": "https://greeks.live/#/deribit/tools/pv/BTC",
                "description": "Visualize complex options positions and their corresponding risk profiles. This tool generates payoff diagrams to help traders intuitively understand potential profit, loss, and exposure.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Options Calculator",
                "url": "https://greeks.live/#/deribit/tools/calculator",
                "description": "Calculate the theoretical price and risk parameters ('the Greeks') of crypto options. An essential tool for pricing new trades and analyzing the sensitivity of existing positions.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live Main Platform",
                "url": "https://greeks.live/",
                "description": "The central hub for the Greeks.live suite of professional cryptocurrency options and derivatives trading tools. Access analytics, manage positions, and explore the ecosystem.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Community Forum",
                "url": "https://t.greeks.live",
                "description": "Join the official Greeks.live community. Connect with other traders, share insights, and receive the latest updates directly from the team.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live for Deribit",
                "url": "http://deribit.greeks.live",
                "description": "A dedicated interface for trading on the Deribit exchange. This platform leverages Greeks.live's advanced analytics and tools specifically for users of Deribit's options and futures markets.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "Greeks.live for OKX",
                "url": "http://okx.greeks.live",
                "description": "A dedicated interface for trading on the OKX exchange. This platform integrates Greeks.live's powerful analytics with the OKX marketplace, focusing on its options and derivatives products.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "GLVS.AI Trading Platform",
                "url": "https://www.glvs.ai/",
                "description": "An AI-powered platform for automated crypto options trading. Leverage advanced algorithms and data-driven signals to develop and deploy sophisticated, hands-free trading strategies.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        },
        {
            "@type": "Offer",
            "itemOffered": {
                "@type": "Service",
                "name": "API Testnet & Sandbox",
                "url": "https://test.greeks.live",
                "description": "A dedicated testnet environment for developers to test their API integrations and automated trading strategies. This sandbox allows for full functionality testing without risking real funds.",
                "provider": {
                    "@id": "https://greeks.live/#organization"
                }
            }
        }
    ],
    "subOrganization": [
        {
            "@type": "Organization",
            "name": "GreeksLive HK Co., Limited",
            "email": "support@greeks.live",
            "telephone": "+852-56418949",
            "address": {
                "@type": "PostalAddress",
                "streetAddress": "Unit 11, 27/F, K. Wah Centre, 191 Java Road",
                "addressLocality": "Hong Kong",
                "addressRegion": "North Point",
                "addressCountry": "CN",
                "postalCode": "0000"
            },
            "geo": {
                "@type": "GeoCoordinates",
                "latitude": "22.2932357",
                "longitude": "114.2022026"
            },
            "image": "https://options.greeks.live/wp-content/uploads/2025/08/Wah-Centre-Hong-Kong.jpg"
        }
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "Article",
    "mainEntityOfPage": {
        "@type": "WebPage",
        "@id": "https://options.greeks.live/question/what-are-the-primary-models-for-evaluating-price-in-a-government-rfp/"
    },
    "headline": "What Are the Primary Models for Evaluating Price in a Government RFP? \u25b4 Question",
    "description": "Government price evaluation models are analytical frameworks used to determine a fair and reasonable price by comparing market data or deconstructing contractor costs. \u25b4 Question",
    "url": "https://options.greeks.live/question/what-are-the-primary-models-for-evaluating-price-in-a-government-rfp/",
    "datePublished": "2025-08-09T15:01:43+00:00",
    "dateModified": "2025-10-30T13:32:14+00:00",
    "articleSection": [
        "Question"
    ],
    "author": {
        "@id": "https://greeks.live/#organization"
    },
    "publisher": {
        "@id": "https://greeks.live/#organization"
    },
    "image": {
        "@type": "ImageObject",
        "url": "https://options.greeks.live/wp-content/uploads/2025/07/institutional-digital-asset-derivatives-rfq-execution-microstructure-prime-os.jpg",
        "caption": "Advanced institutional digital asset derivatives trading is visualized, depicting foundational market structures and dynamic execution layers. Robust polygonal forms represent aggregated liquidity pools and prime brokerage frameworks. Intersecting transparent planes signify high-fidelity algorithmic trading and multi-leg spread execution via sophisticated RFQ protocols, ensuring optimal price discovery and capital efficiency within a dark pool. This illustrates complex order book dynamics, pre-trade analytics, and atomic settlement for institutional-grade operations."
    },
    "keywords": [
        "Best Value",
        "Competitive Procurement",
        "Cost Analysis",
        "Cost Realism",
        "Cost Realism Analysis",
        "Fair and Reasonable Price",
        "Federal Acquisition Regulation (FAR)",
        "Independent Government Cost Estimate",
        "Performance Risk",
        "Price Analysis",
        "Price Negotiation Memorandum (PNM)",
        "Public Procurement",
        "Sole-Source Procurement",
        "Weighted Guidelines"
    ]
}
```

```json
{
    "@context": "https://schema.org",
    "@type": "WebSite",
    "url": "https://options.greeks.live/",
    "potentialAction": {
        "@type": "SearchAction",
        "target": "https://options.greeks.live/?s=search_term_string",
        "query-input": "required name=search_term_string"
    }
}
```


---

**Original URL:** https://options.greeks.live/question/what-are-the-primary-models-for-evaluating-price-in-a-government-rfp/
