Part 1 of the Pricing Series includes Elements of an Adequate Proposal and Cost and Price Analysis for Small Business.

Proposals are contractor prepared packages made in response to government solicitations and include the contractor’s budgeted costs for the projected period of performance of the solicitation. Join experts from DCAA as they discuss the requirements of these proposal packages set forth in FAR Part 15 and DFARS 252.215-7009. The training will walk participants through all the proposal cost elements, including direct labor, material, subcontracts, ODCs, and indirect rates. The DCAA will also discuss how the agency determines the adequacy of your proposal submission. Additionally, the DCAA will provide examples of budgeting practices using historical data considerations, examples of adequacy non-compliances, and regulatory resources to assist with proposal development.

Cost and Price Analysis is often a tricky topic for small businesses. The DCAA will go over the requirements of cost versus price analysis and when one (or both) is required. The DCAA will define the FAR requirements for “Certified Cost or Pricing Data” and what is the FAR requirement for “Data Other Than Certified.” Practices for both cost and price analysis will also be discussed.