Pricing & costClassification system
LAB
Labor Category
Definition
A Labor Category is a classification of personnel based on skills, experience, education, and responsibilities. LABs standardize labor descriptions for pricing, staffing, and performance evaluation in service contracts.
Understanding LAB definitions helps contractors develop compliant staffing and pricing approaches. LAB qualifications determine personnel eligibility for specific roles. LAB rates established in contracts affect pricing competitiveness and profitability.
Ready to win federal contracts?
GovCon in a Box helps you find opportunities, research competitors, and build a winning capture strategy.