Cost Proposal Support
The level of documentation to support a cost proposal is based upon whether a dollar threshold has been exceeded currently set at $750,000. Once the threshold is exceeded the contractor is required to submit certified cost and pricing data which entails providing detailed disclosures and formats prescribed by FAR 15.408 Table 15-2. If the threshold of $750,000 is not exceeded disclosures and proposal support are not required but still must provide enough detail to be responsive to the request for proposal and sufficient for the contracting officer to evaluate the reasonableness of the offered prices. We can help support your company in developing cost proposals compliant with FAR 15.408 Table 15-2.