Report Subcontractor Provisional Rate adjustment in Subcontracts & Subcontract Management Posted March 9, 2017 My company has an approved accounting system and for the last few years have received approval letters (with no adjustments) to our provisional rates. We also submit our Incurred Cost proposal each year. Our DCAA has a backlog and they are currently reviewing 2013! This is another issue that is detrimental to us as a small business. If we need to wait until rates are approved for this particular contract (which ends in Sept 2017), we could be waiting many, many years. Our normal practice is to bill provisionals for the upcoming year and do a "true up" at the end of the year. This helps us get as close as possible to what we believe will be our final rates. The prime contractor is an extremely large business. We met with them earlier this week and I requested that they just call an audit on us (Government or 3rd party as we will not provide any proprietary information directly to them). Thank you for all the feedback.