Direct/Indirect Cost Basics: In Today's Environment Online Stream

Summary

Many federal contractors struggle with the design and setup of their overhead pools and overall indirect rate structure. It’s design is vital in determining how much of the organization’s indirect cost can be recouped on each of its contracts. Companies trying to enter the government contracting arena may be setting up a rate structure for the first time. More mature contractors may be evaluating whether or not changes to the indirect rate structure would benefit the organization. This live webinar will navigate through many areas for consideration when evaluating overhead rates. This webinar is geared for the person(s) involved in the evaluation and management of the indirect rate structure, in contract finance, and others who want to better understand overhead rates and indirect rate structures. We will also incorporate discussions related to the new DFARS 231.205-79 CARES Act Section 3610 – Implementation.

Learning Objectives

Indirect Rate Structure Basics

Direct vs. Indirect Costs
Indirect Cost Pools and Bases
2 Tier vs. 3 Tier Rate Structure

What Costs Can/Cannot Be Included

Allowable, Allocable, and Reasonable Costs
Unallowable vs. Expressly Unallowable Costs
Penalties for Unallowable Costs

Other Considerations

Industry / Size / Location
Strategy
COVID 19 – DFARS 231.205-79

Continuing Education Credits

CLP

This course is recommended for 3 CLP credits.

CPE (Accounting - Governmental)

3.5 credits may be earned for this course.

CEU

0.30 credits may be earned for this course.

CLE

3 CLE (Pending approval in VA).

CLE Jurisdiction Approval

This course has been approved for CLE in CA, OH, and PA, and is pending approval in VA.
PCI is an accredited sponsor, approved by the State Bar of Texas, Committee on MCLE. If credit is needed in TX, please contact PCI at least 45 days prior to the training.
Through reciprocity, CLE may also be received in AK, AZ, AR, CO, FL, HI, IL, ME, MT, NJ, NY, ND, OR, WA, WV, and WI (additional state requirements may apply).
If you are seeking CLE credits for a jurisdiction other than the ones listed above, please contact Jess@PublicContractingInstitute.com.

PDU

This course can be submitted to Project Management Institute (PMI) for PDU. Upon their approval, it may be worth 3 PDU credits.