The Indirect Cost Allocation Plan/Indirect Cost Rate Proposal (ICAP/ICRP) submittal forms have been updated. For copies of the latest forms, go to the Office of the Inspector General’s website and scroll down to ICAP/ICRP External Local Government. To expedite your ICAP/ICRP requests, remember to check this website for the most current forms with each new … Read more ICAP/ICRP Submittal Forms Updated
Caltrans Oversight Information Notice (COIN) 18-01 has been released to highlight the process that Local Government Agencies (LGA) must follow to submit subsequent Indirect Cost Allocation Plans (ICAP)/Indirect Cost Rate Proposals (ICRP). Note that if the LGA decides to invoice for another ICAP/ICRP for the following fiscal year (FY), the LGA must submit ICAP/ICRPs certification within … Read more COIN 18-01 – ICAP/ICRP Submission Process
A cost analysis is an evaluation of each cost element, including profit and fee’s, of a consultant cost proposal to allow you the opportunity to reach an agreement at a fair and reasonable price. Watch this 2 minute video in our Selected Shorts Video Series for information on performing a cost analysis. Watch Video. To view … Read more Cost Analysis of A&E Consultant Contracts
NOTICE TO LOCAL AGENCIES AND A&E CONSULTING FIRMS WITH FEDERAL AID HIGHWAY FUNDED PROJECTS Beginning in July 1, 2013, the Federal Highway Administration (FHWA) initiated a Safe Harbor Cost Rate Test and Evaluation program for Architectural and Engineering (A&E) consulting firms involved in federal-aid highway funded projects in 12 designated states, including California. The FHWA … Read more Safe Harbor Rate and Evaluation Program Extended Indefinitely
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
Attend Caltrans Audits & Investigations training on indirect cost rates and contract audits. Topics to be covered: FAR Compliant Indirect Cost Rate (ICR) Safe Harbor Indirect Cost Rate CPA Indirect Cost Rate Audits LAPM Chapter 10.3 A&E Consultant Audit and Review Process Target audience: A&E Firms (particularly small or new firms) Independent CPAs for A&E Firms … Read more Indirect Cost Rate and Contract Audit Training