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PBR Updates

Can I Update My PBR During the Year?

October 29, 2025 by Vik Singh

Revising Provisional Billing Rates (PBR) mid-year under FAR 42.704 to reflect material changes in indirect cost pools.

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

Filed Under: PBR Tagged With: Billing Rate Revision, Cost Allocation, DCAA Compliance, FAR 42.704, GovCon Accounting, Government Contracting, Indirect Rates, Mid-Year Adjustments, PBR Updates, Provisional Billing Rates

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