This section addresses topics that will assist you with a better understanding of: Direct Labor, Direct Materials, ODC's (Other Direct Costs), Indirect Cost and Rates, Fees and Pricing, Proposals, and more.
Cost and Pricing
Inquiry: I would like to go through the process of reviewing our numbers and setting up the allocation spreadsheets so that I am confident regarding our percentages (Fringe, OH, G&A, etc). What do you propose is the most efficient & least costly method to accomplish this? Thank you.
Cost and Pricing
Inquiry: Is depreciation an allowable cost for charging government contracts and how do we charge?
Cost and Pricing
Here are six words you'd better avoid in your proposals. 1. Best Efforts. Courts have interpreted best efforts to impose a very strict legal obligation, one that goes well beyond a companys normal duty to a client. Alternative: Reasonable efforts. 2. Ensure. This word may create a binding
Cost and Pricing
In this article, we review several specific areas on indirect cost fraud indicators.
Cost and Pricing
This is for those of you who missed the information on the new Cap on executive compensation. Most of us are nowhere near this cap! However, you should at least be aware of it. Please note that this limit applies to only the largest contractors. Small and midsized contractors would
Cost and Pricing
In this review
Cost and Pricing
Key Fraud Indicators
Cost and Pricing
Inquiry: As a firm that invoices based on Fully Burdened Labor Rates using Commercial Market or Catalog Labor Rates, are the methods, as we discussed and information reviewed, used to support and invoice our customer appropriate and adequate? What level of detail do we need in supporting our fully burdened
Cost and Pricing
Inquiry: What would you call time that contract employees work one week but can take off the next week? This is for Gov contracts and we can't call it comp time. They don't get paid overtime for this contract so they have to take the time
Cost and Pricing
How do you reflect the impact of inflation in your contract price over the contract performance period?
Cost and Pricing
Cost of renting or leasing real or personal property can be classified under two major categories: Capital Leases or Operating Leases. Auditors are concerned with the proper classification of a lease as either capital or operation. Most small businesses rent/lease their space under an Operating Lease. You know the
Cost and Pricing
INQUIRY:
