Incurred Cost Inquiry: Travel & Client Expenses - Are they B&P or G&A cost?
INQUIRY: Hi Paul, Can you explain the difference of putting travel and client expenses into B&P versus G/A?RESPONSE: B&P (Bid and Proposal) expenses for travel and client related expenses are typically for costs incurred during the Proposal Phase of responding to any type of solicitation, RFI, RFQ, etc.
Similar type costs would typically go into G&A when they are Not For B&P/Proposal type activities but are for the General and Administrative activities of the company.
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