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The requirement to submit a final indirect cost rate proposal, more commonly referred to as the “Incurred Cost Proposal or Incurred Cost Submission (ICS)" is contained in FAR clause 52.216-7(d)(2)(i) – Allowable Cost and Payment. It states, “The contractor shall submit an adequate final indirect cost rate proposal to the contracting officer (or cognizant federal agency official) and auditor within the 6-month period following the expiration of each of its fiscal years.”

For many contractors, the deadline for the next Incurred Cost Proposal is June 30th. Experts recommend getting started soon, to be sure that you have adequate time to prepare the submission. Are you ready?

Each year, Capital Edge works with numerous companies either developing, assisting with, or reviewing their final indirect cost rate proposals. Capital Edge has identified the major preparation pitfalls contractors face when developing their annual Incurred Cost Submission (ICS). 

Join Incurred Cost Submission expert, Chad Braley as he shares insight into some of the most common pitfalls.

This webinar is presented by ...

About Our Presenter ...
Chad Braley, CEO and Founder
Capital Edge Consulting


Chad Braley is the Chief Executive Officer and Founder of Capital Edge Consulting, Inc.  Since its inception, Capital Edge has grown into the country’s leading firm, focusing solely on serving both foreign and domestic contractors who do business with the US Government.
Chad’s areas of expertise include the Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR), agency supplement regulations, Contractor Accounting, Purchasing, Estimating, MMAS, and EVM Business Systems, Truth in Negotiations Act, government accounting requirements Incurred Cost Submissions (ICS), DCAA Audits support and preparation, other regulatory non-compliance support, Terminations, Requests for Equitable Adjustment (REA), ERP systems and risk mitigation.

EDUCATION
Chad graduated from the Williams School of Commerce at Washington and Lee University with a Bachelor of Science in Commerce, with a major in Business Administration.