The Price/Cost Volume presents the offeror’s pricing and cost basis in the required structure—often by Contract Line Item Number
(CLIN) and sub-CLIN. It should include assumptions, basis of estimate (BOE), labor categories and rates, materials, ODCs, travel,
and any subcontractor costs. In some acquisitions, cost realism analysis or certified cost or pricing data may apply. Price must
remain consistent with the Technical and Management Volumes; mismatches (e.g., insufficient hours to deliver the proposed solution)
can trigger realism concerns. Pricing spreadsheets should follow agency templates, formulas, and rounding instructions exactly.
Offerors should also address discounts, economic price adjustments, and escalation assumptions. Rigorous internal reviews help
prevent arithmetic or linkage errors that often drive evaluator questions.
Price/Cost Volume
Proposal section detailing pricing, basis of estimate, and cost realism as required by the solicitation.
Useful Links
Related articles
VisibleThread is now listed on the FedRAMP Marketplace. The listing adds a new cloud option to our deployment choices, giving federal customers and their supply chain another secure way to run the platform.
When the UK Procurement Act introduced the Competitive Flexible Procedure (CFP), it quickly became one of the most talked-about aspects of the legislation.
The GovCon RFP software market is crowded and confusing. Every vendor is knocking on your door claiming their tool is the greatest thing since sliced bread, and most of the pitch is AI overhype. If you sit in BD, Capture, or Proposals, the decision is genuinely hard to make. A lot of teams end up paralyzed, either sticking with manual work or spinning up an internal build that quietly runs out of control.
Related Glossary Terms
A contract that provides for an indefinite quantity of supplies or services during a fixed period.
Confidentiality agreement protecting sensitive information shared during capture and proposal phases.
Agreement under a prime contract where part of the work is performed by another company.
See how VisibleThread transforms
t your RFP process.
t your RFP process.