Bid and Proposal (B&P) Costs
From Knowledge base
“Bid and proposal (B&P) costs” means the costs incurred in preparing, submitting, and supporting bids and proposals (whether or not solicited) on potential Government or non-Government contracts. The term does not include the costs of effort sponsored by a grant or cooperative agreement, or required in the performance of a contract.[1]
Links
This term is used on the following page(s):
Independent Research and Development & Bid and Proposal Cost
References and Notes
- ↑ FAR 31.205-18
