With reference to the Proposal Price Breakdown in Para 15 of the Commercial Proposal document, do you prefer overheads to go under Direct labour costs or Other Costs?
A. To avoid confusion, if a Group 1 Grand Challenge applicant has a pricing structure that involves separately identifiable overheads (or, indeed, any other factors), then the indicative table, included at paragraph 15 of the Commercial Proposal guidance notes, should be appropriately expanded by means of additional rows. The applicant’s methodology of calculating overheads should be clearly shown. This is normally derived as a factor of the Direct Labour costs but any variance from this must be described.
Related Questions
- With reference to the Proposal Price Breakdown in Para 15 of the Commercial Proposal document, do you prefer overheads to go under Direct labour costs or Other Costs?
- Commercial Proposal - para 15 Price: If we do not yet know of the exact component and related cost details, how do we handle these? Can we estimate approximate values?
- What are the price levels for commercial organizations?