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

  1. FAR 31.205-18