Proposal costs.

2 C.F.R. § 200.460
in effectEffective: 2024-07-01
Sign in to generate a plain English summaryAsk Belisarius Agent
Proposal costs are the costs of preparing bids, proposals, or applications on potential Federal and non-Federal awards or projects, including the development of data necessary to support the non-Federal entity's bids or proposals. Proposal costs of the current accounting period of both successful and unsuccessful bids and proposals normally should be treated as indirect (F&A) costs and allocated currently to all activities of the non-Federal entity. No proposal costs of past accounting periods will be allocable to the current period.

Starting a business? Corpus forms LLCs in all 50 states and DC.