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CHILINVLN

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Everything posted by CHILINVLN

  1. To further elaborate, there are other charge codes that are utilized by the staff. PTO, Corporate Training, etc. There is a lengthy list of G&A codes that are available for that purpose, and those are used when appropriate. My point and question is specific to the time spent on a FFP contract in excess of a scheduled 8hr day for a salary-exempt employee and what affect that additional time has on projected budgets, etc.
  2. As you stated, "Whether the employees continue to charge the contract, or charge OH, or G&A, is up to the individual contractor to decide. There are pros and cons associated with that decision and there is no "one size fits all" answer. That's exactly the foundation of my question and I would like to understand what those pros and cons are so I can have additional information on the topic. I apologize for using "bill", you're correct, I'm referring to charging to the contract.
  3. Thanks for the feedback. I will look into the UCOT. Our salary staff don't receive overtime compensation, so I'm not sure what I'm looking for there, but I'm happy to ask. Regarding the OH comment, while it's not currently done, I was curious to whether or not it would be acceptable in cases like: 1. Government is shutdown, staff are considered non-essential, couldn't I have them bill to an direct/unallowable charge code on a FFP contract? Wouldn't that be better than placing on G&A? Or, is that some type of violation? I've seen this done elsewhere, which is why I ask.
  4. In this instance, sole source. However, not sure why that would matter? as it relates to the question I'm asking?
  5. Answering the above questions. 1. The only other option would be an unbillable charge code directly associated to the project, or the hours could be placed on OH. This is not what's currently being done, as the additional hours are in fact being placed against the FFP project. Just saying what the alternative would be that I know of. 2. I don't believe that it does, though, would need to confirm whether that's true or not. The employees working on the FFP project are 100% dedicated to that project and are not working on other projects. None of the subject contracts are FFP-LOE.
  6. Good question, my apologies for not making that clear. The question is internal on what makes the most sense from a practice standpoint.
  7. I searched this topic extensively and I could only find bits and pieces, but nothing to answer my question overall - so I'm hoping for some additional insight. Pertaining to a FFP contract, once awarded, the estimated hours our company moves into our timekeeping system. So, if we estimate 1920HRS per FTE, we would move that over and allow each employee 1920 hours on contract. However, for those employees who work a few extra hours here and there to get the job done, or those who are motivated to go the extra mile, they're likely going to exceed the 1920 hours. If/when that happens, they wil
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