Thompson Government Contracting

Budgeting Indirect Rates: Making Contracts More Compliant, Competitive and Profitable

Wednesday, April 12, 2017 • 1:00 pm ET/12:00 pm CT/11:00 am MT/10:00 am PT
1.5 CPE credits

Webinar Details

Subject: Federal Contracting

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

Are you budgeting indirect rates correctly?  Many federal contractors aren’t. That not only short-changes profitability, it puts them at a competitive disadvantage and at risk for compliance issues that could delay contract awards and trigger rate ceilings.

Calculating the right indirect and provisional billing rates takes more than simply dumping last year’s rate data into a spreadsheet guessing about next year’s expenses. You need a far more accurate approach — one that turns factors like historical rate information, profitability on existing contracts, and business goals so that you’re not just competitive, but profitable.

Here’s how to learn the best practices that make it easy for you to use to put this business-building analysis to work in plenty of time to submit your absolute strongest Fiscal Year budgets.

Register now Budgeting Indirect Rates: Making Contracts More Compliant, Competitive and Profitable.

In this 90-minute webinar, Donna Dominguez and Aisha Mian draw on their expertise as managing consultants in Aronson’s Government Contract Services Group show you an analytical process you can begin using immediately to have your most competitive, compliant — and most profitable — Fiscal Year budgets ready for the government early in January.

No more “guesstimates.”  Whether your contracts are time-and-materials, fixed-price or cost-reimbursement, you’ll learn how to use your company’s historical rates and strategic goals to develop rates that are attractive to government while covering your costs and growing your business. Plus, you’ll have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now and learn to use an analytical budgeting process that gives you greater power to submit and win contracts that remain profitable for your business. Attendees who complete the webinar will: 

  • develop a budget that meets the company’s future and strategic goals;
  • balance profitability on existing contracts while proposing competitive indirect rates;
  • use best practices to prepare and submit sound budget packages to the government;
  • apply the benefits of budgets to all contract types;
  • turn established provisional rates into an advantage for cost proposals;
  • …and more!

Remember, using a disciplined analytical process to prepare your budget’s indirect rates can make you more compliant and more profitable. Don’t miss your opportunity to build this win-win advantage into every contract.

Register now Budgeting Indirect Rates: Making Contracts More Compliant, Competitive and Profitable.

Who Will Benefit

This webinar is of value to all federal contractors, subcontractors and their accountants and legal counsel. Attendees who will benefit most include:

  • CEOs and other C-Suite executives
  • Compliance officers
  • Contracting officers
  • In-house counsel
  • Attorneys

FAR Benefit: Augment your compliance training and internal controls programs!

The Federal Acquisition Regulation (FAR 52.203-13), entitled Contractor Code of Business Ethics and Conduct, requires contractors not represented as small businesses to establish an ongoing business ethics awareness and compliance program, as well as effective internal controls. Participating in this webinar course can augment your company’s code of ethics and training programs by providing specific guidance on contractual obligations. Training can also be a significant part of an internal control system. Sign up today!

Donna Dominguez

Donna Dominguez is a managing consultant in Aronson LLC's Government Contracts Services Group. With more than twelve years of experience working with government contractors, she specializes in the preparation of incurred cost submissions, budgeted provisional rates, DCAA audits, government compliance matters, cost proposals, contract/subcontract administration, contract/subcontract negotiation and assisting clients in the use of Deltek GCS, CostPoint, and QuickBooks software. Through her work in public accounting as well as positions held directly at government contractors, she has comprehensive knowledge and understanding of the complexities of accounting for this unique market. Donna is a guest speaker on financial and government contracting topics for industry associations and a featured speaker for Aronson LLC. Donna earned her bachelor's degree in accounting from the University of Maryland and has completed additional coursework in contracts administration.

Aisha N. Mian
Aisha N. Mian is a managing consultant in Aronson LLC’s Government Contract Services Group. She has more than eight years of experience in the government contracting industry, with expertise in both project control and financial compliance. Her professional skills include contract/project financial analysis and various areas of financial compliance, including preparation of incurred cost submissions; support in evaluating, preparing and advising appropriate indirect rate structures; preparation of disclosure statements; and analysis and impact of cost accounting standards (CAS). She has also worked alongside in-house DCAA auditors supporting audits for incurred cost submissions during her time in the industry. Aisha has been a guest speaker on financial and government contracting topics at the GWSCPA Government Contracting Conference and has hosted Aronson LLC webinars related to government contracting topics. She earned her bachelor’s degree in finance from George Mason University and her MBA from the Robert H. Smith School at the University of Maryland College Park.

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