Overhead Schedule. If Consultant or subconsultants calculate overhead as part of their normal business practice, the overhead schedules shall be prepared and submitted in accordance with Agency’s Billing Rate Policy (as may be revised from time to time by Agency) available at: xxxx://xxx.xxxxxx.xxx/ODOT/Business/Procurement/Pages/PSK.aspx See Exhibit B, Part 2 – Cost Information for additional information regarding overhead calculation. In order to assess the adequacy of an audited overhead rate for use in fair and reasonable price negotiation, Agency may evaluate a firm’s financial capability, internal control structure, and overhead schedule. This includes a determination as to the applicability of historical overhead rates to the anticipated future contract period, performing financial ratio analysis, evaluating overhead account trends and utilization rates for reasonableness. Cost Disclosure Questionnaire (“CDQ”)- Throughout the duration of the PA, Consultant shall, and shall cause all of its subconsultants to submit a revised CDQ to Agency’s PA Administrator within 30 calendar days of any changes to Consultant or subconsultant accounting practices pertaining to overhead and direct costs. The CDQ (as may be revised from time to time by Agency) is available at the following Internet site: xxxx://xxx.xxxxxx.xxx/ODOT/Business/Procurement/Pages/PSK.aspx.
Overhead Schedule. If Consultant or subconsultants calculate overhead as part of their normal business practice, the overhead schedules shall be prepared and submitted in accordance with Agency’s Billing Rate Policy (as may be revised from time to time by Agency) available at: xxxx://xxx.xxxxxx.xxx/ODOT/CS/OPO/pages/AE.aspx#Resources (under “Related Policies”). See Exhibit B, Part 2 – Cost Information for additional information regarding overhead calculation. In order to assess the adequacy of an audited overhead rate for use in fair and reasonable price negotiation, Agency may evaluate a firm’s financial capability, internal control structure, and overhead schedule. This includes a determination as to the applicability of historical overhead rates to the anticipated future contract period, performing financial ratio analysis, evaluating overhead account trends and utilization rates for reasonableness. Cost Disclosure Questionnaire (“CDQ”)- Throughout the duration of the PA, Consultant shall, and shall cause all of its subconsultants to submit a revised CDQ to Agency’s Contract Administrator within 30 calendar days of any changes to Consultant or subconsultant accounting practices pertaining to overhead and direct costs. The CDQ (as may be revised from time to time by Agency) is available at the following Internet site: xxxx://xxx.xxxxxx.xxx/ODOT/CS/OPO/pages/AE.aspx#Forms (under “Compensation Related”).
Overhead Schedule. If Consultant or subconsultants calculate overhead as part of their normal business practice, the overhead schedules shall be prepared and submitted in accordance with ODOT’s Billing Rate Policy (as may be revised from time to time by ODOT) available at: xxxxx://xxx.xxxxxx.xxx/ODOT/Business/Procurement/DocsPSK/brPolicy.pdf. Consultant Certification of compliance with Federal Cost Principles is required per FHWA directive 4470.1a: xxxxx://xxx.xxxx.xxx.xxx/legsregs/directives/orders/44701a.htm. A signed Certification of Final Indirect Costs form must be submitted with the overhead schedule. In order to assess the adequacy of an audited overhead rate for use in fair and reasonable price negotiation, Agency and/or ODOT may evaluate a firm’s financial capability, internal control structure, and overhead schedule. This includes a determination as to the applicability of historical overhead rates to the anticipated future contract period, performing financial ratio analysis, evaluating overhead account trends and utilization rates for reasonableness.
Overhead Schedule. If Consultant or subconsultants calculate overhead as part of their normal business practice, the overhead schedules shall be prepared and submitted in accordance with Agency’s Billing Rate Policy (as may be revised from time to time by Agency) available at: xxxx://xxx.xxxxxx.xxx/ODOT/Business/Procurement/Pages/PSK.aspx
Overhead Schedule. If Consultant or subconsultants calculate overhead as part of their normal business practice, the overhead schedules shall be prepared and submitted in accordance with Agency’s Billing Rate Policy (as may be revised from time to time by Agency) available at: xxxx://xxx.xxxxxx.xxx/ODOT/CS/OPO/pages/AE.aspx#Resources (under “Related Policies”). See Exhibit B, Part 2 – Cost Information for additional information regarding overhead calculation. In order to assess the adequacy of an audited overhead rate for use in fair and reasonable price negotiation, Agency may evaluate a firm’s financial capability, internal control structure, and overhead schedule. This includes a determination as to the applicability of historical overhead rates to the anticipated future contract period, performing financial ratio analysis, evaluating overhead account trends and utilization rates for reasonableness. Agency) is available at the following Internet site: xxxx://xxx.xxxxxx.xxx/ODOT/CS/OPO/pages/AE.aspx#Forms (under “Compensation Related”).
