PGI 215.404-70 DD Form 1547, Record of Weighted Guidelines Method Application

Subsection DFARS Procedures, Guidance, and Information

Facts

Citation
PGI 215.404-70
Type
Subsection
Supplements
FAR 15.404 Proposal analysis
Text as of
DFARS PGI Change May 7, 2026
Official text
acquisition.gov

Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.

Text

(1) The DD Form 1547—

(i) Provides a vehicle for performing the analysis necessary to develop a profit objective; and

(ii) Provides a format for summarizing profit amounts subsequently negotiated as part of the contract price.

(2) The contracting officer shall—

(i) Use and prepare a DD Form 1547 whenever a structured approach to profit analysis is required by DFARS 215.404-4(b) (see DFARS 215.404-71, 215.404-72, and 215.404-73 for guidance on using the structured approaches). Administrative instructions for completing the form are in PGI 253.215-70 .

(ii) Ensure that the DD Form 1547 is accurately completed. The contracting officer is responsible for the correction of any errors detected by the management system auditing process.

Sections cited

Quick answers

What is PGI 215.404-70?

PGI 215.404-70 is a subsection of the DFARS Procedures, Guidance, and Information, titled "DD Form 1547, Record of Weighted Guidelines Method Application".

Are changes to PGI 215.404-70 proposed?

No proposed rule from the last 3 years is waiting on a final rule.

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