Tag: accounting
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Cost-type contracts bring audits. What the Defense Contract Audit Agency looks at and how to be ready.
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FAR Part 31 decides which costs the government will pay and which must be kept out of your rates. Three words organize the framework, and a list of specific limitations surprises most new contractors.
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The difference between a salary and a wrap rate is indirect cost. Here is how fringe, overhead and G&A pools work, how they stack into a billing rate and why the government cares about the structure.