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ATTACHMENT 3 REVISED COST PROPOSAL FORM (Required with Proposal submittal) The undersigned hereby agrees to furnish the services as listed below in accordance with the specifications on file with

How to fill out revised cost proposal form

How to fill out a revised cost proposal form:

1. Start by reviewing the instructions provided along with the revised cost proposal form. Familiarize yourself with the specific requirements and guidelines for completing the form accurately.
2. Begin by entering your personal information, such as your name, contact details, and any relevant identification numbers or codes that may be required.
3. Indicate the purpose of the revised cost proposal by clearly stating the project or initiative for which the proposal is being submitted.
4. Provide a detailed breakdown of the costs involved in the project, including materials, labor, equipment, and any other relevant expenses. Use specific categories or line items to clearly outline each cost element.
5. Ensure that all calculations are correct and that the totals are accurately reflected in the appropriate sections of the form. Double-check any formulas or calculations to avoid errors.
6. If applicable, provide a justification or explanation for any significant cost variations from the original proposal. This could include changes in scope, unexpected expenses, or revised budgetary constraints.
7. Include any supporting documentation that may be required, such as invoices, receipts, or quotes. Attach these documents securely to the form, making sure they are easily identifiable and referenced.
8. Review the completed form thoroughly to ensure all sections have been filled out correctly and that all necessary information has been included. Double-check for any spelling or calculation errors.
9. Sign and date the form to certify its accuracy and completeness. If required, obtain any necessary signatures from other parties involved in the proposal, such as project managers or financial supervisors.
10. Keep a copy of the completed revised cost proposal form for your records. Submit the form according to the specified instructions or to the designated recipient.

Who needs a revised cost proposal form:

1. Contractors or suppliers: Construction companies, vendors, or suppliers may need to submit a revised cost proposal form to update or modify the initial cost estimates for a project.
2. Project managers or owners: Those responsible for overseeing a project or initiative may require a revised cost proposal form to evaluate and approve any changes or updates to the project budget.
3. Financial departments: The finance or accounting department within an organization may request a revised cost proposal form to ensure accurate record-keeping and budgetary control.
4. Government agencies: When dealing with government contracts or funding, it is common for agencies to require a revised cost proposal form to monitor and manage taxpayer funds effectively.
5. Grant or funding applicants: Nonprofit organizations or individuals seeking financial support through grants or funding opportunities may need to submit a revised cost proposal form to adjust budgetary expenditures.
6. Suppliers of goods or services: Vendors or service providers may be required to complete a revised cost proposal form when proposing changes to pricing or the scope of work outlined in a contract.
7. Internal decision-makers: Executives, managers, or board members within an organization may need a revised cost proposal form to evaluate and make informed decisions regarding project budgeting and allocations.

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What is revised cost proposal form?

The revised cost proposal form is a document used to update and adjust the cost proposal previously submitted.

Who is required to file revised cost proposal form?

Contractors or subcontractors who experience changes in project costs are required to file the revised cost proposal form.

How to fill out revised cost proposal form?

To fill out the revised cost proposal form, contractors or subcontractors must update the relevant sections with new cost information and provide a justification for the changes.

What is the purpose of revised cost proposal form?

The purpose of the revised cost proposal form is to ensure that project costs are accurately reported and adjustments are made as needed.

What information must be reported on revised cost proposal form?

Information such as the original project costs, the revised project costs, the reason for the cost changes, and any supporting documentation must be reported on the revised cost proposal form.