GovCon Wednesday’s A Guide for Government Contractors Managing ChangeEstimated Read Time: 8 minutes If you’re a government contractor working under cost-type or T&M contracts, your indirect costs rarely stay the same from January to December. New hires, infrastructure upgrades, and evolving fringe benefits can all disrupt your original cost assumptions. The good news? Your Provisional Billing Rate (PBR) isn’t set in stone. In this article Part 9 of VSINGH CPA’s… Read More
Year-End Incurred Cost Submission (ICS): What GovCons Need to Know
GovCon Wednesday’s Your Guide to Wrapping Up the Fiscal Year RightEstimated Read Time: 8 minutes You’ve used Provisional Billing Rates (PBRs) to recover indirect costs throughout the year but now it’s time to settle up. The Incurred Cost Submission (ICS) is where estimates meet reality. In Part 8 of VSINGH CPA’s 10-part series, we walk through what the ICS is, why it’s critical for federal contractors, and how accurate PBRs can make… Read More
How PBRs Impact Invoicing and Cash Flow
GovCon Wednesday’s Ensuring Steady Cash Flow Through Accurate InvoicingEstimated Read Time: 8 minutes For government contractors navigating cost-type or T&M contracts, nothing disrupts operations faster than delayed reimbursements. And when indirect costs fringe, overhead, G&A go unbilled, it’s often because a Provisional Billing Rate (PBR) isn’t in place or properly applied. This article Part 7 in VSINGH CPA’s 10-part series on indirect rate strategy explores the real-world impact of PBRs… Read More
Common PBR Mistakes — And How to Avoid Them
GovCon Wednesday’s A Guide for GovCons Focused on DCAA ComplianceEstimated Read Time: 8 minutes Submitting your Provisional Billing Rate (PBR) isn’t the final compliance hurdle—it’s just the beginning. Many government contractors make avoidable errors in their PBR submissions that lead to billing delays, audit complications, or even rejected invoices. These mistakes are often small like using outdated data or failing to document assumptions but they can have outsized impacts on… Read More
What Happens After You Submit Your Provisional Billing Rate (PBR)?
GovCon Wednesday’s Understanding the DCAA Review ProcessEstimated Read Time: 8 minutes Submitting your Provisional Billing Rate (PBR) is a major milestone but it’s not the finish line. Many government contractors assume the hard part is over once the proposal is submitted. In reality, the post-submission phase can determine whether your rate is approved quickly, delayed for weeks, or adjusted in a way that affects your margins. This article Part 5… Read More
How to Calculate Your Provisional Billing Rate (PBR), Simplified
GovCon Wednesday’s A Step-by-Step ApproachEstimated Read Time: 8 minutes If you’ve followed along with our GovCon indirect rate series, you already know what a Provisional Billing Rate (PBR) is and why it’s essential. Now let’s get into the how. PBRs aren’t just paperwork they’re a core component of your cash flow strategy. Calculating your rates accurately ensures you’re billing in line with FAR 42.704, avoiding audit flags, and recovering real costs without… Read More