UNDERSTANDING INDIRECT COST RATES FOR GOVERNMENT CONTRACTORS AND GRANTEES
December 11, 2018 | (4:00PM)
USA (United States of America)
The annual "True-Up Report" is a requirement, and the government's audit of that report is used to negotiate your final indirect rates and the final allowable contract and grant costs for that year. Furthermore, your final negotiated indirect rate is used as a baseline to negotiate future provisional indirect rates, which are used for billing the government - and will determine whether you remain cash flow positive.