Except with respect to firm fixed-price contracts, no contract type shall be used unless it has been determined in writing by the purchasing agent that:
(A) The proposed contractor's accounting system will permit timely development of all necessary cost data in the form required by the specific contract type contemplated; and
(B) The proposed contractor's accounting system is adequate to allocate costs in accordance with generally accepted cost accounting principles.
(Ord. passed 9-19-05)