Calculating and monitoring indirect rates is essential to maximize profitability, and optimize your competitiveness in winning Federal contracts.
Industry experts, Aronson and Unanet, recently held a very popular web seminar to discuss key issues surrounding indirect rates and their impact on businesses.
The seminar presented a process for establishing next year’s indirect rates, and tracking these rates throughout the year. This process includes examining a company’s labor utilization, direct expenses and overhead expenses for current and prior years.
The session also discussed the benefits to be realized from managing projects in real-time, and providing project managers with insight into “burn rate” and remaining funds on demand.