Incurred Cost Proposal Submittals Can Be Complex. Let us Help. July 13, 2016 The premise of an Incurred Cost Proposal is to report actual costs incurred on government contracts, including both direct and indirect costs, and to reconcile them to the amounts billed. Failure to submit an adequate ICE proposal can result in delayed or reduced payments on existing contracts, as well as an inability to bid on future contracts. Let our experienced government contracting experts help you submit your next ICE proposal. Our ICE proposal services include: Preparation or review of each schedule Determination of cost over/under runs of each cost type contract Review the accuracy of your fiscal year end close Audit/classification of allowable/unallowable costs Actual indirect rate calculation and comparison to rates billed Review contract briefs Preparation of ICE model in Excel If you have any questions in regards to the submittal process, please contact Terry Grant, KatzAbosch’s Government Contracting Practice Leader, or your KatzAbosch advisor. Terry Grant, CPA, CCIFP, CCA GovCon Practice Leader tgrant@katzabosch.com 410.307.6426
