Contractors are able to recover both direct and indirect costs. While simple in theory, pitfalls abound for contractors. This series will discuss the what costs the Government may and may not pay during a contract, how they must be accounted for, and how the contractor must treat certain types of cost-creating items. During this 6-part program, our expert, Jennifer Flickinger, will dive into the Cost Principles, cost allocation and indirect rates – what are they, what do they say, when do they apply, and more!
Apr 6 – Session 4 – Indirect Rate Specifics
In the fourth session, we pivot into the specifics surrounding indirect rate calculations.
- Calculating an Indirect Rate
- Indirect Rate Approval
- Applying an Indirect Rate
- Pools and Bases
- 2 Tier and 3 Tier Rate Structures
- Documenting Indirect Costs