1st Tuesdays with DCAA: Elements of an Adequate Proposal

Proposals are contractor prepared packages made in response to government solicitations and include the contractor’s budgeted costs for the projected period of performance of the solicitation. Join DCAA as we discuss the requirements of these proposal packages set forth in FAR Part 15 and DFARS 252.215-7009. Together, we will walkthrough all the proposal cost elements, including direct labor, material, subcontracts, ODCs, and indirect rates. We will also be discussing how DCAA determines the adequacy of your proposal submission. Additionally, we will provide examples of budgeting practices using historical data considerations, examples of adequacy noncompliances, and regulatory resources to assist with proposal development.