ANCP

An Agency Negotiated Cost Proposal is a cost proposal that has been reviewed, analyzed, and negotiated between the contractor and government to establish agreed-upon costs, rates, and pricing elements. ANCPs form the basis for contract pricing and are documented in the contract file.

ANCP development involves submission of cost or pricing data, government analysis and audit, negotiation discussions, and final agreement on pricing terms. Understanding the ANCP process helps contractors prepare for negotiations and document their cost positions effectively. ANCP outcomes establish the baseline for contract administration and modification pricing.