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
Are thinking about developing a separate indirect cost pool for handling fees? Have you been told you need to develop a separate indirect pool for materials or subcontractors because the customer does not want to pay your G&A on these types of indirect costs? Well I have a
Cost and Pricing
Inquiry:
Cost and Pricing
Construction firm founder sentenced to prison in sewer contract scandal
Cost and Pricing
Inquiry - Determining Base Labor Rates Can you guide me in determining Base Rates so we can set a standard that we can follow and use in our proposal development? We can justify everything beyond Base Rate. I am looking for something like: In determining our Base Rate for this
Cost and Pricing
Inquiry: The Government Customer has also instructed Contractor to add another position that was not included in our original proposal.
Cost and Pricing
Inquiry: I have a question regarding time & material contracts. Contractor has a T&M contract that is commencing soon. After award we have determined that some of the incumbent employees that have first right of refusal are making considerably more that we proposed. Conversely, some positions were bid
Cost and Pricing
Question: Concerning immigration fees incurred by a consulting firm for people hired from overseas as contractors to work in the US on a specific contract. Would these costs be allowable G&A costs or direct costs to the contract? I'm thinking when these people have completed the
Cost and Pricing
Question: We are currently involved in a time and material to a maximum contract that does not allow us to mark up our other direct costs. We use our private plane and pass along those costs dollar for dollar to our client. They have come back to say that the
Cost and Pricing
Headline: Purchased Labor - Options To Consider QUESTION: Can we charge labor as direct when we do not direct hire; e.g. we subcontract out the work? And how should we handle this in our internal accounting system and indirect rates? RESPONSE: You are asking a lot in your question.
