Overview

This FREE webinar will offer attendees an overview of the current risks associated with indirect costs charged to federal government contracts. With recent changes and increased scrutiny on contract spending, it's crucial for contractors to understand how to effectively manage and justify their indirect costs. Our experts will guide attendees through the complexities of this evolving landscape, offering insights and strategies to safeguard their financial practices against stringent government standards.

Learning Objectives

At the completion of this one-hour webinar, participants will be able to:

  • Identify recent legislative changes and governmental actions that impact indirect costs.
  • Understand the different categories of indirect costs and their implications on contracts.
  • Analyze their current indirect cost structures and identify potential areas for compliance risk.
  • Develop strategies to manage and justify indirect costs to meet new government standards.

Program Content

During the webinar, your faculty will discuss:
  • Current Challenges: Overview of recent legislative actions and government directives that have heightened the focus on indirect costs.
  • Understanding Indirect Costs: Detailed discussion on the types of indirect costs, including overhead and G&A, and their role in contract pricing.
  • Analyzing Risk and Compliance: Examination of potential compliance risks within current cost structures and how to mitigate these risks.
  • Strategic Management of Indirect Costs: Strategies for managing indirect costs effectively, including reallocation of direct and indirect costs and justifying cost claims to government auditors.

About Redstone GCI

RGCI enables contractors doing business with the U.S. government to comply with the complex and challenging procurement regulatory provisions and contract requirements by providing superior cost, pricing, accounting, and contracts administration consulting expertise to clients expeditiously, efficiently, and within customer expectations. Our consulting expertise and experience is unparalleled in understanding unique challenges of government contractors, our operating procedures are crafted and monitored to ensure rock-solid compliance, and our company’s charter and implementing policies are designed to continuously meet needs of clients while fostering a long-term partnership with each client through pro-active communication with our clients.

For more information, contact:

Lori Beth Moses, 
lmoses@RedstoneGCI.com
256-704-9811

Redstone Government Consulting, Inc.
501 Madison Street SE, Suite 100
Huntsville, AL  35801
Website: www.redstonegci.com