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Bidding and general Engineering Expenses not included in Contract

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edited Oct 3, 2018 4:11AM in Project Management 2 comments

Summary

Bidding and general Engineering Expenses not included in Contract

Content

We have a contract for construction.This contract is only for the construction. But, we have already spent some $$ to get this project. This expense is not part of the contract. Now How/where do we capture this cost?

Lets say we create a contract project, then the cost and revenue budget, and the contract amount are for the construction related only.

Can we add the pre-construction costs that were used for Bidding and general engineering in the contract project plan?

What is the best way to handle it in PPM?

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