Sbadar Posted July 2, 2019 Report Share Posted July 2, 2019 Hello, For an RFP that states the contractor shall propose rates consistent to the accounting system, do we consider the historical financial information for indirect costs or can we estimate future cost to develop a rate? Thank you for your help Quote Link to comment Share on other sites More sharing options...
ji20874 Posted July 2, 2019 Report Share Posted July 2, 2019 Each T&M labor rate that you propose will be a fixed price per labor hour, covering all direct and indirect costs, as well as profit. Quote Link to comment Share on other sites More sharing options...
Sbadar Posted July 2, 2019 Author Report Share Posted July 2, 2019 4 minutes ago, ji20874 said: Each T&M labor rate that you propose will be a fixed price per labor hour, covering all direct and indirect costs, as well as profit. Thank you for the reply. So if I base the rates on budgeted expenses, will that be an acceptable basis of rate development if questioned? Quote Link to comment Share on other sites More sharing options...
ji20874 Posted July 2, 2019 Report Share Posted July 2, 2019 Is this a sole-source acquisition, or competitive? Commercial (as defined in FAR 2.101), or non-commercial? Does the solicitation include (or reference) the clauses at FAR 52.216-29, -30, or -31? If so, which one? Quote Link to comment Share on other sites More sharing options...
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