GovCon Wednesdays Estimated Read Time: 5 minutes If timekeeping is where audits start, indirect rates are where audits often expand. Why? Because indirect rates (Fringe, Overhead, G&A) touch nearly every dollar you bill on cost-type work—and they directly influence provisional billing, final indirect cost rate negotiations, and contract closeout. FAR makes it clear that final indirect cost rates are formally established through contracting officer or auditor procedures. This post breaks down what DCAA commonly evaluates… Read More
Cost Allocation
Can I Update My PBR During the Year?
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
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
What Goes Into a Provisional Billing Rate (PBR)?
GovCon Wednesday’s Breaking Down the Key Components for DCAA ComplianceEstimated Read Time: 8 minutes For government contractors operating under cost-type or Time & Materials (T&M) contracts, submitting a Provisional Billing Rate (PBR) is a key step in billing the federal government for indirect costs. But submitting a PBR isn’t just about meeting a deadline it’s about submitting a complete, accurate, and supportable proposal that aligns with expectations set by the Defense Contract Audit… Read More