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  • Cost Plus Fixed Fee Proposal Template

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CONTRACT PRICING PROPOSAL FOR COST PLUS FIXED FEE AND FIRM FIXED PRICE CONTRACTS The purpose of this form to provide a standard format by which the offeror submits information in cost plus fixed fee.

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How to fill out the Cost Plus Fixed Fee Proposal Template online

Filling out the Cost Plus Fixed Fee Proposal Template is an essential step in submitting your pricing proposal for contracts. This guide will walk you through each section of the form to ensure that you provide accurate and necessary information.

Follow the steps to successfully complete the form online.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. In the 'Name of Offeror' field, enter the full name of your organization or business submitting the proposal.
  3. Fill in the 'Home Office Address' with your organization's main address, ensuring all required information is accurately provided.
  4. Complete the section for 'Division Where Work is Performed' by specifying the department or division responsible for the execution of the contract.
  5. For the 'Detail Description of Proposal,' provide a comprehensive outline of the work that will be undertaken, including all material and labor components.
  6. Begin detailing costs in the 'Direct Material' section, entering amounts for purchased parts, subcontracted items, raw materials, standard commercial items, and interdivisional transfers as applicable.
  7. Calculate and enter the total materials cost in the designated field.
  8. Proceed to 'Materials Overhead,' where you will input the applicable overhead rate and base to calculate total costs.
  9. Move to 'Direct Labor' and list each individual’s name, labor category, rate, and hours worked. Ensure all entries are completely filled out for accurate totals.
  10. Sum the total direct labor costs and input the value in the total direct labor field.
  11. In the 'Labor Overhead' section, enter the relevant overhead rate and base for calculation.
  12. Fill out the 'Travel' section by including all necessary travel information: location, days, nights, number of staff, and transportation costs. Keep detailed records for each travel entry.
  13. Compile totals for the travel costs and input them into the total travel field.
  14. List any consultants or subcontractors in the specified section, outlining their name, contract type, and the associated amount.
  15. Enter the totals for consultants and subcontractors in the allocated field.
  16. Use the 'Other Direct Costs' section to document any additional expenses. Provide a clear description and the corresponding amount for each.
  17. Total the other direct costs and input the figure in the designated area.
  18. Complete the 'General and Administrative Expense' line with the applicable rate and base for calculations.
  19. Determine and enter the fee or profit rate as well as the base for your proposal in the dedicated section.
  20. Finally, calculate the total estimated cost, including fees or profit, and make sure to enter this final total in the provided field.
  21. Review the entire proposal for accuracy before saving your changes. You can then download, print, or share the completed form as needed.

Complete your Cost Plus Fixed Fee Proposal Template online today to streamline your contract submission process.

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A fixed-price proposal is one in which the contractor views the situation, assesses the amount of work and materials that are required, then quotes a single flat-rate price to complete the work. This type of proposal is also called a bid-style proposal or all-inclusive pricing proposal.

A: As an example, a cost-plus contract may establish that the total estimated cost of a building project is $10 million plus a fixed fee of $1.5 million, roughly 15% of the total cost, as the contractor's profit. So the total expense to the buyer would be approximately $11.5 million —the cost plus the fee.

Consider a construction project to build a two-story building. The builder agreed to construct the building within a budget of 20,000 USD in 12 months and signed the contract with the buyer. This is an example of a fixed-price contract.

When is a Cost Plus Fixed Fee Contract Used? Cost plus fixed fee contracts can be used when both the contractor and the owner agree that the contractor is entitled to a fee in addition to the project expenses.

Budget: A fixed-price contract is just that: fixed. The agreed-on price at the beginning of the project is the price at the end. Conversely, a cost-plus contract estimates a project's costs but doesn't set the final price until the project is completed.

c) Costs plus award fee (CPAF) is similar to the CPFF contract, except that instead of paying a fee on top of the costs, buyer agrees to pay a fee based on the buyer's evaluation of the seller's performance.

a) Costs plus fixed fee (CPFF) or Cost Plus Percentage of Costs (CPPC) means buyer will pay the seller back for the costs involved in doing the project work, plus an agreed amount (or fixed fee) that buyer will pay on top of that.

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Fill Cost Plus Fixed Fee Proposal Template

Sample Only - Required Cost Proposal Template To Be Determined By Agency. ARTICLE IV – COST PLUS FIXED FEE and TARGET PRICE​​ (a) Cost Plus Fixed Fee and Target Price. Ensure clear terms, protect interests, and streamline collaboration.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232