Does a claim exceeding $100,000 require certification?

A claim exceeding $100,000 does indeed require certification under the Federal Acquisition Regulation (FAR). This requirement is established to ensure that the claim is substantiated and that the contractor is formally acknowledging the claim's validity, particularly in terms of the amount being sought. Certification serves as a formal assertion that the claim is made in good faith, the supporting data is accurate, and that the amount requested is correct.

Though the details of each claim matter, the threshold for requiring certification is strictly tied to the monetary limit set by federal regulations. This ensures a standardized process for claims above this amount, aiming to protect the interests of both the government and the contractor by promoting transparency and accountability in the claims process.

The other options do not accurately reflect the certification requirement as outlined in the FAR. Some may misunderstand the implications or components of the claim itself, but the established limit remains a critical factor in determining the need for certification.