Indirect Rates – Monitoring and Best Practices in Calculating Your Rates: Part Two
Listen to Eric Poppe, Senior Manager in Cherry Bekaert’s Government Contracting practice and Rich Wilkinson, Director of Product Marketing at Unanet discuss the importance of indirect rates. In part two we talk about monitoring indirect rates, why it is important, best practices in calculating indirect rates and why it is a great tool for project management.
Monitor the rates:
Make course corrections as required:
This part of the cycle repeats during the year to keep the billing/target/pricing rates as close to actual as feasible. Rate variance can be a killer to profitability and in the next segment, we’ll discuss how to keep it to a minimum.
If you haven’t already, catch up on part one of the series where we discuss why government contracting firms need indirect rates and where and when to start:
Indirect Rates – More than Just a Math Exercise: Part One
View all Government Contracting Podcasts
Create your
podcast in
minutes
It is Free