Auditor Unallowables
Most Government contractors and potential contractors figure that some expenses should not be included in proposals or picked up by taxpayer dollars. We usually omit …
What Do You Know About Unallowables?
1. The following costs are allowable: Entertainment Alcohol Attorney fees to unsuccessfully defend a fraud case brought by the Government Corporate, state income taxes 2. …
Proposing Labor
Which Structure? Which structure is used for proposing Direct Labor depends on the contract type. The Request for Proposal (RFP) should specify the contract type …
What Do You Know about Cost Type Contracts?
What Do You Know about (the contract-type) Cost Plus? With a Cost Plus award, the contractor or grantee bills the Government each month for actual …
Proposing Travel
When, Where, and How Many? When proposing costs of travel, first, for each trip, project a best estimate for all of the following: The city …
Indirect Rates Defined
What’s in a name? We throw the names of indirect rates around as though everyone in the Government Contracting (GovCon) market understands them the same. …
Preaward Survey of the Accounting System
The Government Contracting Officer must determine that a prospective contractor is responsible before awarding a contract. To be responsible, a contractor must have the necessary …
Common Unallowables
Why do Auditors and Reviewers pick apart G&A (or ICR) expenses? What are they looking for? What supporting documents will approve the submission? First, each …
Small Business Indirect Rates
Indirect Rates What are “indirects”? Cost of Goods and Services Sold are direct cost elements. These include: Direct Labor Direct Material Other Direct Costs Direct Travel …
Federal Contracting 101
GovCon Basics New to selling to the federal government? From contract terms and conditions (T’s & C’s) to regulations, the knowledge base can be overwhelming. …