CFO Posted February 14, 2022 Report Share Posted February 14, 2022 Contracts ebb and flow which affects the TCI indirect rate calculation. For bidding future work, when the indirect rate is high due to decreases in contracts, is there a max indirect amount the government would allow? I have only read that "fees" over 10% draw scrutiny. Link to comment Share on other sites More sharing options...
Retreadfed Posted February 14, 2022 Report Share Posted February 14, 2022 There are statutory limits on the fixed fee that can be agreed to on cost plus fixed fee contracts. There is no limit on the amount of profit or fee that can be agreed to for other contract types. Similarly, there is no universal limit on the indirect cost that can be agreed to or paid on contracts of any type. However, individual contracts may have ceiling rates that apply to indirect cost rates applicable to those contracts. Link to comment Share on other sites More sharing options...
here_2_help Posted February 14, 2022 Report Share Posted February 14, 2022 48 minutes ago, CFO said: Contracts ebb and flow which affects the TCI indirect rate calculation. For bidding future work, when the indirect rate is high due to decreases in contracts, is there a max indirect amount the government would allow? I have only read that "fees" over 10% draw scrutiny. I attended an industry briefing a couple of weeks ago, where it was reported that labor bases are down across the industry. Accordingly, indirect rates are on the rise. To answer your question: No. There are no limits on the indirect rates that may be bid or billed. Link to comment Share on other sites More sharing options...
CFO Posted February 17, 2022 Author Report Share Posted February 17, 2022 thank you for your responses! Link to comment Share on other sites More sharing options...
Needforspeed Posted February 17, 2022 Report Share Posted February 17, 2022 here_2_help could you elaborate on who held the industry briefing or how to tune into such a thing? Sounds like a very interesting session. Was there an overarching them of the "why" labor bases are down and rates are on the rise? Link to comment Share on other sites More sharing options...
here_2_help Posted February 17, 2022 Report Share Posted February 17, 2022 3 hours ago, Needforspeed said: here_2_help could you elaborate on who held the industry briefing or how to tune into such a thing? Sounds like a very interesting session. Was there an overarching them of the "why" labor bases are down and rates are on the rise? It was one of the GovtCon accounting firms that do consulting. I don't believe the briefing was recorded. As to why -- high attrition in general, including retirements. Link to comment Share on other sites More sharing options...
Needforspeed Posted February 17, 2022 Report Share Posted February 17, 2022 That makes sense, thank you Link to comment Share on other sites More sharing options...
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