The Allowability and Allocability of Independent Research and Development (IR and D) and Bid and Proposal (B and P) Costs
Abstract
For some time there has been controversy about and an increasing amount of attention to business costs which have been labeled as independent research and development (IR and D) and bid and proposal (B and P) costs. The thesis examines these costs in order to bring clear understanding to what they are, why they are undertaken, how they are accounted for, and how they should be managed and paid for. This is accomplished by reviewing the objectives of IR and D and B and P costs, examining the past and present environment in which these efforts have been and are being conducted, and identifying issues and problems confronting both industry and government. Because the Department of Defense is the largest government procurer, emphasis is placed on its policies and procedures and the effects they have on industry. (Modified author abstract)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1973
- Accession Number
- AD0769686
Entities
People
- Robert S. Badgett
Organizations
- Naval Postgraduate School