USAID’s FY17 Quarter 2 Business Forecast call will take place on Tuesday, March 7, 2017, from 9:00 a.m.-9:30 a.m. EST.
USAID’S Business Forecast is an informational resource on potential funding and partnership opportunities at USAID. Continue reading USAID Conference Call
A Closer Look at the Allowability of Bid and Proposal Costs
Bid and proposal costs, commonly referred to as “B&P” costs, have been at issue in the news recently, namely serving as a grounds for suspension or debarment. Contractors subject to Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS) requirements have had clear guidance for the treatment of B&P costs, but nonprofit organizations have been operating in a grey area since 2004, when the B&P cost principle in OMB Circular A-122 was removed. The confusion arises in situations where staff who typically charge time directly to awards are asked to perform proposal activities that may not be properly recorded on the employee’s timesheet. While it may seem like the proposal activities are directly associated with one project, there are actually limited instances where this time can be charged direct. This post will take a closer look at the rules and regulations that govern B&P costs, as well as the unique circumstances that can warrant a deviation from the usual treatment. Continue reading A Closer Look at the Allowability of Bid and Proposal Costs