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| Standard Cost Proposal Excel Template |
Cost Proposal. Preliminary cost estimate submitted by a contractor for the purpose of negotiations or planning a job or project.
There is a clear distinction between submitting cost or pricing data and merely making available books, records, and other documents without identification. The requirement for submission of cost or pricing data is met when all accurate cost or pricing data reasonably available to you have been submitted, either actually or by specific identification, to the Company or an authorized representative.
As later information comes into your possession, it should be promptly submitted to the Company. The requirement for submission of cost or pricing data continues up to the time of final agreement on price, or an earlier date agreed upon between the parties if applicable.
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