Master the steps of the sealed bid process
Improve your skills at evaluating bids, proposals, and quotations
Perfect your ability to analyze direct and indirect labor costs
Grasp the fine points of GSA's structured profits guidelines
Discover how to determine the current cost-of-money rate
... to improve your chances for securing a fair and reasonable price...or profit!
Take the worry and guesswork out of the contracting process. This practical reference offers valuable insight and specific guidelines so you'll know:
How to forecast the likely price of an acquisition
How to calculate semi-variable costs
How to allocate direct costs
When cost accounting standards do - and don't - apply
How to certify cost or pricing data
How to estimate labor hours based on standards
What factors to consider in analyzing an engineering labor proposal
How to validate unit prices
When to allocate overhead cost on material rather than labor
How different allocation bases affect cost
The two-step method for analyzing G&A rates
Principles of structured profit guidelines
Allowable profit adjustments for cost-reimbursement and fixed-price contracts
