What Does FCP Stand For?

FCP stands for Firm Cost Proposal

FCP, or Firm Cost Proposal, refers to a detailed financial document submitted by a contractor or service provider in response to a request for proposal (RFP). It outlines the fixed costs associated with delivering a specific project or service, including labor, materials, overhead, and profit margin. The FCP serves as a binding offer that establishes clear pricing terms and project scope, enabling clients to make informed decisions based on the contractor's comprehensive cost assessment.

Other Meanings for FCP