Title: 2019 Champions Conference - Understanding the Rate Cycle
From forward pricing rates to contract closeouts, the indirect rate process is a never-ending cycle. With DCAA’s aggressive posture on delinquent indirect rate proposals, rates can become a critical issue. This presentation discusses the real requirements of the Allowable Cost & Payment clause and how it affects your indirect rates and your incurred cost submission. It also discusses cash flow and the collectability of rate variances.
This session was presented at the 2019 Champions Conference (Finance Advanced, Session 1).