Each year, Capital Edge works with numerous companies either developing, assisting with, or reviewing their final indirect cost rate proposals. The requirement to submit a final indirect cost rate proposal, more commonly referred to as the “ Incurred Cost Proposal or Incurred Cost Submission (ICS) is contained in FAR clause 52.216-7(d)(2)(i) – Allowable Cost and Payment, which states, “The contractor shall submit an adequate final indirect cost rate proposal to the contracting officer (or cognizant federal agency official) and auditor within the 6-month period following the expiration of each of its fiscal years.”
Are you ready?
We can help you prepare Incurred Cost Proposals (also known as final indirect cost proposals), as well as prepare invoices, interpret invoicing requirements, and deal with government billing issues. Preparing your final indirect cost rate proposal is very complex and requires completion of the DCAA ICE (Incurred Cost Electronic) model. This model requires a large amount of detailed information – much of which is normally maintained outside of the accounting system. We have a great deal of experience in preparing these submissions and supporting the audit process. Don’t do this alone.
- Preparation or Revisions
- Audit Support
- Venerability Assessment
- Adequacy Review
To the right-hand side, you will find some upcoming training courses and thought leadership. If you’d like to learn more about our approach, experiences, and solutions, we hope to see you at one of the following training sessions or contact us directly.
To speak to one of our ICS experts, contact us:
T: 855-CAPEDGE (855-227-3343) – E: firstname.lastname@example.org