PPT-Key Risk Areas in A/E Firm Indirect Cost Rates

Presented by Dan Purvine AE Clarity Consulting and Training LLC Topics Overview of key risk areas Labor charging Compensation Nonlabor costs Audit testing of key risks Copyright 2015 . PEPS Center of Excellence Manager. October 18, 2014. Selection Processes and Administrative Qualification. Agenda Topics. 2. Rules Changes – Alignment with FHWA Requirements. Overview of Administrative Qualification. . . WHAT ARE INDIRECT COST RATES????. Indirect Cost Pool-How Deep?. Indirect Cost Base-How Large?. Indirect Cost Rate-How High?. AGENDA. . Who Are We- Indirect Cost Branch. Definitions. Why Indirect Cost Rates Are Needed; Including An Example . Basics of F&A rates for Proposals, Grants, & Contracts. Dr. Mindy S. Connolly, CPCM. Sr. Sponsored Research Officer. Office of Sponsored Projects. April 2016. April 12, 2016. What is a rate?. Role of Procure-to-Pay Technology. Today’s Presenter. Vaibhav . Pani. Senior . Solutions Consultant . (ANZ). Zycus Inc.. Vaibhav . has been handling the presales responsibility for Zycus since nearly 4 years and has been instrumental in helping large global organizations based in the ANZ region to enhance their upstream and downstream procurement processes with Zycus’ procurement performance solutions. . October 18, 2014. Selection Processes and Administrative Qualification. Agenda Topics. 2. Rules Changes – Alignment with FHWA Requirements. Overview of Administrative Qualification. Preparing for the Federal Process. . Appendices III - VII. Indirect/F&A Costs. 2 CFR 200.56. Costs incurred for Common or Joint purposes. Benefit more than one cost objective. Cannot be readily identified with particular cost objective without undue effort. Laura Davis. President – Strategic Consulting Solutions. Executive Member – PDS Consulting Solutions. Populated vs Unpopulated JV. Populated JV’s hold the employees directly.. Requires benefits plans. Office of Management and Budget (OMB) – Circular A-87. US Department of Education. Delegates authority for rate determination to states. Delegation agreement renews every five years. Authority. 2. Costs of a general nature which are not readily identifiable with the activities of the grant but are incurred for the joint benefit of those activities and other activities or programs of the organization. OMB Circular A-110 (2 CFR Part 215) . 2 CFR Part 230. Appendix A – General Principles. . GPD Indirect Cost Rate Agreement . Chief, . Operational Oversight Division. Joseph E. Baldwin . Project Review: . What’s . the difference? . Overview. Define administrative costs. . Describe . the difference between direct and indirect costs. . Describe . what an indirect cost rate agreement is and where you go to apply for one. . ISD Request for Indirect Cost Rate For 2019─2020 School Year Indirect Cost Rate Proposal (ICRP) Additional Costs Workbook (ACW) and Certification Completing the ICRP ACW and certifying the ICRP Texas Education Agency Fiscal Year . #### Rates—provides guidance for all fiscal years. Authority. Office of Management and Budget (OMB) – Circular A-87. US Department of Education. Delegates authority for rate determination to states. MDOE . Federal Grant Management. What is the Uniform Grant Guidance?. Published by Federal Office of Budget and Management. Consolidates eight previously governing OMB Circulars. Contents of guidance focus on outcomes from use of funds. Branch Chief. Indirect Cost Services Division (ICSD). Interior Business Center (IBC). U.S. Department of Interior (DOI. ). Agenda. General . Principles . Uniform Guidance. Direct, Indirect, Unallowable, Exclusions.