Proposals

Question 1

What are the components of a proposal? 

Answer 1

1. Cover page
2. Our understanding
3. Scope.
4. Our approach/methodology
5. Estimated fees
6. Appendix (includes biographies approach, methodology details)

Question 2

How are fees determined?

Answer 2

These are determined based off of a MFT (margin forecast tool)

Question 3

What inputs are key for the MFT?

Answer 3

Instructions are in MFT but main drivers are:
1. identified staff & time commitment
2. phases of work and hours needed
3. Realization typically 65%+