Incurred Cost Proposal Review and Submission Support

Overview

With over two decades of specialized experience, Redstone Government Consulting, Inc. offers unparalleled expertise in preparing, reviewing, and auditing incurred cost proposals (ICP). Our team is experienced in navigating the intricate requirements of various federal agencies, including the DOD, NIH, DOE, and NASA. We understand the nuances of compliance risks involving cost allowability, allocability, and reasonableness, which are often critical in audit processes. Our comprehensive services span hundreds of engagements annually, ensuring our clients are equipped with the knowledge and support for successful audits and audit resolutions. From preparation to resolution, Redstone GCI is your trusted partner in navigating the complexities of incurred cost proposals.

Services

• Incurred Cost Proposal Preparation – Simplify the complex process of incurred cost proposal preparation with our skilled consultants. Our team has a proven track record in achieving adequacy determinations, ensuring your proposals are audit-ready.
• Incurred Cost Proposal Requirement Determination – We meticulously review contract clauses to ascertain the necessity of an incurred cost proposal, guiding you to the most effective strategy forward.
• Incurred Cost Proposal Adequacy Review – Benefit from our detailed incurred cost proposal adequacy reviews and utilize our training opportunities to master the fundamentals of getting your proposal right from the start.
• Incurred Cost Proposal Training – Equip your team with the knowledge and skills needed for a successful incurred cost proposal submission. Our training focuses on the intricacies of incurred cost proposals to enhance accuracy and reduce compliance risks.
• Incurred Cost Proposal Deadline Extension – When meeting incurred cost proposal deadlines is impractical, our skilled consultants draft extension requests that align with regulatory requirements.
• Incurred Cost Proposal Audit Support – During the rigorous incurred cost proposal audit process, we assist contractors in maintaining focus on critical issues, minimizing the likelihood of unnecessary audit findings.
• Dealing with Audit Findings and Penalties – Our experts help craft responses to audit findings, aiming to mitigate impacts and ensure penalties are correctly calculated and applied.
• Final Rate Agreement Validation – Receiving a final rate agreement letter isn’t the end. We ensure the accuracy of the rate and support your Cumulative Allowable Cost Worksheet (CACW) evaluation to facilitate your final invoice.