• 61 minutes

Government Contracts - Indirect Rate Structure Basics


The government does not specifically define what the cost objective is or the final cost objective.

The regulations do not provide explicit criteria for the types of direct and indirect costs. It is up to your company to define the costs that are direct vs. indirect as long as company parameters can meet direct/indirect regulatory definitions, and ensure that costs are treated consistently as direct/indirect in like circumstances. Depending on industry type, make?up of company costs, company size, etc., costs that are treated as direct by one company may be treated as indirect by another. This video reviews indirect cost pools and bases, as well as two and three tier indirect rate structures.

Runtime: 60 minutes



Anthony Kim

Anthony Kim

Capital Edge Consulting

  • Managing director, Capital Edge Consulting
  • Almost 20 years of experience in cost accounting and compliance issues related to federal government contracts
  • Specifically, he is knowledgeable in the areas of government contract procurement regulations, Cost Accounting Standards, Contractor’s Business System Requirements, and Auditing Standards
  • Teaches public and in-house training classes, seminars and workshops through multiple organizations on topics relating to Contractor Business Systems, Cost Accounting Standards, Indirect Rate Structures, and other cost accounting and compliance topics in government contracting
  • B.S. degree, in accounting, George Mason University
  • Member of the Institute of Management Accounting, the National Contract Management Association, and the National Defense Industry Association Contract Finance Committee
  • Can be contacted at [email protected] or 703-919-5927
Robert Craig

Robert Craig

Saggar & Rosenberg, P.C.

  • Principal, Saggar & Rosenberg, P.C.
  • Over 30 years of experience providing accounting and compliance solutions and services related to federal government contracting
  • Specializes in the Generally Accepted Accounting Principles, Federal Acquisition Regulations, and Cost Accounting Standards and has supported government contractors with numerous matters, including financial accounting, mergers and acquisition due diligence, litigation and claims, cost accounting/allocation, strategic rate restructuring, contract compliance, process improvement, and strategic planning as well as proposal pricing and development
  • Teaches public and in-house training classes, seminars, and workshops through multiple organizations on topics relating to contractor business systems, cost accounting standards, cost and price realism, defective pricing, and other cost accounting and compliance topics in government contracting
  • Member of the Loudoun County Chamber of Commerce and Maryland Tech Council and former Vice-chair of the Accounting, Cost, and Pricing Committee of the American Bar Association.
  • B.S. degree in accounting, and M.B.A. degree, La Salle University; also a certified fraud examiner (CFE)
  • Can be contacted at 301-461-1601 or [email protected]

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