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 more Indirect Cost Rate (ICR) Documentation Submission Update

Policy Update: New Process for Reviewing Indirect Cost Rates of A&E firms Contracting with Local Agencies

The California Department of Transportation (Caltrans) is implementing a new process for reviewing Indirect Cost Rates of Architectural and Engineering (A&E) firms contracting with local agencies.   As part of the process, A&E firms will now be required to submit to local agencies certain financial documents to support their Indirect Cost Rates. Training on the new … Read more Policy Update: New Process for Reviewing Indirect Cost Rates of A&E firms Contracting with Local Agencies