Common use of Final Cost Proposal Clause in Contracts

Final Cost Proposal. The contract FCP must contain a schedule of all specified rates with their associated types of labor and any direct costs. It must also clearly identify the circumstance that will cause a payment to become due.

Final Cost Proposal. The contract FCP must contain a schedule of all specified rates unit costs with their associated types units of labor production and any direct costs. It must also clearly identify the circumstance that will cause a payment to become due.