Price Proposal Analysis

Price Proposal Analysis is the process of reviewing and evaluating the costs submitted by a supplier or contractor in a proposal. It involves comparing their proposed prices to industry standards, market rates, and internal budgets to ensure competitiveness and fairness. The goal is to confirm that the proposed costs are reasonable, justified, and aligned with the value or services offered. This analysis helps organizations make informed decisions, avoid overpaying, and select the most suitable proposal that balances cost and quality.