Truth in Negotiations Act

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Truth in Negotiations Act (TINA)

A public law enacted for the purpose of providing for full and fair disclosure by contractors in the conduct of negotiations with the government.The most significant provision included in TINA is the requirement that contractors submit certified cost and pricing data for larger contracts.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.