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Some of my material/resource costs have increased since submitting my proposal. Can my costs change when contract negotiations are conducted?

April 26, 2017conducted contract costs increased material negotiations proposal Resource

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Some of my material/resource costs have increased since submitting my proposal. Can my costs change when contract negotiations are conducted?

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Contractors are required to submit cost or pricing data to the contracting officer that are accurate, complete, and current as of the date when price negotiations are concluded. This includes changes in costs occurring subsequent to original proposal submission.