What is the statutory authority for requiring certified cost or pricing data?

The statutory authority for requiring certified cost or pricing data is primarily found in the Truth in Negotiations Act (TINA), specifically under 10 U.S.C. § 2306a and 41 U.S.C. § 254b. These statutes mandate that when the government is negotiating contracts expected to exceed a specified threshold, contractors must provide accurate, complete, and current cost or pricing data to ensure fair and reasonable pricing. This requirement is aimed at preventing overpricing and ensuring transparency in government procurement processes.