Indirect Cost Rate (ICR) Documentation Submission Update

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 moreIndirect Cost Rate (ICR) Documentation Submission Update

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

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