Fees for many contracts are based on overhead rates determined in accordance with rules and regulations of various governmental agencies. We perform audits of the financial reports submitted to the government agencies to substantiate the rates claimed.
We work with several engineering and architecture firms to help meet the federal reporting requirements. We provide overhead rate audits in accordance with the Federal Acquisition Regulation (FAR).
State governments frequently have reporting requirements which differ from FAR. Our experience with overhead auditing includes states whose requirements differ from FAR and allows us to ensure that your reporting is in accordance with all applicable regulations.
Ron and Joe attend yearly updates to keep current on all regulations related to FAR.
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