WebThe LinkedIn posters generally agreed that billing rates could be adjusted after year-end (when the books closed) and again after the contractor’s final indirect rates were certified and submitted for audit (generally, six months later). These positions were consistent with our understanding of the regulations ( e.g., FAR 42.7). Web(a) Billing rates; and (b) Final indirect cost rates. 42.701 Definition. “Billing rate,” as used in this subpart, means an indirect cost rate— (1) Established temporarily for interim reimbursement of incurred indirect costs; and (2) Adjusted as necessary pending establishment of final indirect cost rates. 42.702 Purpose.
Administrative Policy
WebOct 23, 2015 · The clause used in Federal cost-type contracts may be found at FAR 52.216-7 "Allowable Cost and Payment," and paragraph (d) "Final indirect cost rates" … Web• FAR 42.7 “Indirect Cost Rates” (covers both billing rates and final indirect cost rates) • FAR 52.216-7 “AllowableCost and Payment” In addition, Acquisition Guide Chapter 42.1 “Indirect Cost Rate Administration” discusses the Department’s procedures for the administration of indirect cost rates for contracts and financial ... goldey beacom men\u0027s college basketball
eCFR :: 48 CFR 42.703-2 -- Certificate of indirect costs. (FAR …
Web(d) Final indirect cost rates. (1) Final annual indirect cost rates and the appropriate bases shall be established in accordance with sub-part 42.7 of the Federal Acquisition Regula … http://www.aptac-us.org/media/Summer-2015-Pricing-Matters_Forward-Pricing-Rate-Agreements.final_.pdf WebNonprofit organizations other than educational and state and local governments. 42.706. Distribution of documents. 42.707. Cost-sharing rates and limitations on indirect cost rates. 42.708. Quick-closeout procedure. 42.709. Penalties for Unallowable Costs. he 264/2022