DCAA: The Life Cycle of Indirect Rates
Format: Live webinar (on-demand recording available on March 20, 2025)
Date: March 11, 2025
Time: 1:00 p.m. EDT
Duration: Approx. 90 minutes
Instructor: Katelyn Rigle, Defense Contract Audit Agency
Learning Credits: 1.5 CPEs, 1.5 ATCs
*Your registration includes access to the on-demand recording.
Join us for a comprehensive webinar that explores the life cycle of indirect rates, from fundamental concepts to finalization. This interactive session will provide you with a deep understanding of indirect cost allocation, provisional billing rates, and the process for finalizing indirect rates.
Key Topics:
- Fundamental Concepts: Overhead vs G&A: Learn the difference between overhead and General & Administrative (G&A) costs and understand how they impact indirect cost allocations.
- Causal and Beneficial Relationship: Discover the importance of establishing a causal and beneficial relationship between indirect costs and the activities or products they support.
- Building Allocation Bases: Understand how to build allocation bases, including the selection of appropriate bases, such as direct labor hours, machine hours, or cost of goods sold.
- Provisional Billing Rates (PBRs): Get clarity on the who, what, when, where, and why of PBRs, including:
- Who is responsible for establishing PBRs?
- What are the key components of PBRs?
- When are PBRs established and updated?
- Where are PBRs used?
- Why are PBRs important for contractors and government agencies?
- Interim vs. Final Rates: Learn the difference between interim and final indirect rates, including:
- What are interim rates, and how are they used?
- What are final rates, and how are they determined?
- How do interim and final rates impact contractor billing and government reimbursement?
- Finalizing Indirect Rates: Understand the process for finalizing indirect rates, including:
- How to prepare for the final rate submission
- What documentation is required
Takeaways:
- Learn the fundamental concepts of indirect cost allocation
- Understand how to build allocation bases and establish a causal and beneficial relationship
- Gain clarity on provisional billing rates and their importance
- Understand the difference between interim and final indirect rates
- Learn the process for finalizing indirect rates and preparing for the final rate submission
Target Audience:
- Government contractors and subcontractors
- Accounting and finance professionals
- Cost accountants and estimators
- Contract administrators and managers
- Anyone responsible for managing indirect costs and rates
Speaker
-
Katelyn RigleFinancial Liaison Advisor, Defense Contract Audit AgencyMs. Katelyn Rigle is the Operations Audit Liaison Small Business Coordinator for DCAA, headquartered at Fort Belvoir, VA. Ms. Rigle has been with the agency since 2009 and currently acts as the agency’s small business liaison, offering education, guidance and support to small and medium businesses working in the Federal contracting realm. Ms. Rigle also coordinates training through the Small Business Administration, APEX Accelerators, and federal consulting firms.
Ms. Rigle graduated from King’s College with a Bachelor of Science degree in Accounting as well as Strayer University with a Master of Business Administration, concentrating in Government Acquisition.
Responses