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Encoursa Webinar: Developing Your First Cost & Price Proposal

April 21, 2020 @ 1:00 pm 2:00 pm

Course Description

Contracts subject to the submission of cost or pricing data, (flexibly-priced contracts), require an acceptable basis of estimate including hours and dollars by line item, time-phased to match the project schedule, and sufficient detail to support the effort proposed. This course will dive into the complexity of those details and show you how to maximize profit and ensure regulatory compliance by preparing an adequate basis of estimate for every contract, regardless of type, when developing your cost and price proposal.

Learning Objectives

1. Describe elements of an adequate basis of estimate
2. List 3 regulatory limitations on profit or fee
3. Explain the purpose and calculation of weighted guidelines
4. Identify sources for escalation

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