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Glossary

Cost realism

Cost realism is the government's evaluation of whether the costs in a proposal are realistic for the work, reflect a clear understanding of the requirements, and are consistent with the technical approach the offeror described.

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5 votes2 answers18 views

AnsweredWhat is a basis of estimate, and how detailed does it need to be for a fixed-price bid?

A basis of estimate (BOE) explains how you calculated your proposed price, and for a firm-fixed-price bid, it needs to be detailed enough to show...

pricing technical-volume fixed-price

Priya S.Verified vendorasked 5d ago