Cost Proposal

A cost proposal is a detailed document submitted by a company or individual outlining the expenses needed to complete a specific project or service. It includes estimates for materials, labor, equipment, and other related costs. The purpose is to provide the client or organization with a clear understanding of the financial requirements so they can evaluate the proposal's feasibility and budget. Essentially, it’s a detailed plan showing how much the project will cost and how those costs are calculated. This helps ensure transparency and allows for informed decision-making based on the proposed expenses.