Higher margins and improved profitability are a direct result of the proper calculation of indirect rates and the maximum recovery of all costs incurred. Classification of costs, identification of correct and allowable allocation methods, and accurate mathematical formulas are critical in the proper calculation of indirect rates.
This session will focus on the most common cost pools utilized by government contractors and a single rate approach to indirect rates. We’ll describe the composition of each cost pool, explain the acceptable allocation bases, and walk you through a few calculation examples. Every participant will receive access to an online indirect rate calculator and downloadable tool.