icr

Indirect Cost Rate (ICR) Documentation Submission Update

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Effective immediately, Exhibit 10-A, “A&E Consultant Financial Document Review Request,” of the Local Assistance Procedures Manual (LAPM), is modified to include the requirement of all prime and subconsultants on contracts of $150,000 or more to provide an indirect cost rate schedule and a labor cost summary. This updated Exhibit 10-A and all LAPM forms can … Read more Indirect Cost Rate (ICR) Documentation Submission Update

Training on Financial Document Requirements for A&E Firms Contracting with Local Agencies

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Watch Caltrans Audits and Investigations (A&I) recently released training module on Financial Document Requirements for Architectural and Engineering Firms on Local Government Contracts. In this video, A&I discusses the financial document review process, which focuses on the review of indirect cost rates (ICR) as required by the Federal Highway Administration, to help you understand the review process … Read more Training on Financial Document Requirements for A&E Firms Contracting with Local Agencies