
Category: Project-centered Chapters: (Budget Section)
Usage:Use the Total Cost of Ownership template to expand on the Cost Summary or Budget information you've provided. The Total Cost of Ownership (TCO) is meant to give the customer a long-range plan of costs, beyond just the costs for the scope of the project. If you can help your prospect understand the total cost of ownership, your proposal may have more leverage over others bidding on the project, and you will have an opportunity to address hidden costs up front with the customer. Your customers will try to determine this on their own, anyway, and other bidders may attempt to hide this information. If done correctly, being up front with a customer in assessing total costs can improve your chances of winning the proposal. TCO costs can incorporate capital purchases, user training, customer support, administration overhead, maintenance and repair, retooling, and other hidden costs.
Types of proposals this chapter is suited for:
General business proposals

Related chapters may be used in conjunction with this chapter depending on your situation. Many related chapters are intended to be used together to form a more complex and integrated proposal.
Related Chapters: