DCAA: The Life Cycle of Indirect Rates

CANCELLED!

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:

1. 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.
2. Causal and Beneficial Relationship: Discover the importance of establishing a causal and beneficial relationship between indirect costs and the activities or products they support.
3. 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.
4. 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?
5. 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?
6. 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