Establishing Basic Indirect Rates

IDR Course Description



Level of Instruction: Prerequisite Class – Building Effective Government Cost Proposals II, or two years of government contracting business experience, or staff professional.

Location: Waldorf Center for Higher Education,
3261 Old Washington, Rd., Rm. 1030E, Waldorf, MD 20602 (Washington, DC Metro Area)

Date(s):  February 2, 2019

Time: 9.00 AM – 4:30 PM – Registration at 8:30

Instructor BIO: Kevin Duncan, CPA, MBA

PARTICIPANTS WILL RECEIVE 6 CPE Credits in accounting.

Who Should Attend?

  • Business owners and staff members;
  • contract administrators;
  • CPA’s and CFO’s new to government contracting; and
  • government contract specialist, and other interested parties.

This workshop is designed to:

  • Teach the FUNDAMENTAL processes for preparing company budgets;
  • Develop correct indirect rates that will allow a contractor to maximize the recovery of all allowable cost associated with a particular contract;
  • Unravel the enigma surrounding indirect rates by providing an understanding of the basic concepts;
  • Provide participants with the skills to effectively understand the processes involved in the indirect rate process and prepare for a DCAA audit


  • Basic terminology and regulation associated with Government contracting
    Regulations Government Audits, Reviews, and DCAA
  • Basic Elements of Costs: Direct versus Indirect
  • Indirect Cost Pools and Allocation Bases
  • Indirect Rate Structures
  • Identifying Indirect Costs
  • Loading direct costs
  • Computing wrap rates
  • Contract Types / Profitability
  • The Indirect Rate Cycle
  • The Budgeting Process
  • Estimating level of effort
  • Projecting Costs
  • Budget Develop Questions
  • Unallowable Costs
  • Calculating Indirect Rates
  • Checking your Rates
  • Indirect Rate Management
  • Discovering the Competitive Wrap Rate for your Industry
  • Adequate Accounting Systems
  • Job Costing
  • Five Essential Numbers


$399 each: SBA Certified, SDB, and MBE Firms
$369 two or more registrants
$329 each: Early Bird Registration (15 days prior to class date)
SBA Certified Firms less than 2 Yrs., in the program (call or email for special rates)

Registration online at

or download the registration form and email to

FAX to 301-839-3780, Mail to Rflowers,
PO Box 44925
Ft. Washington, MD 20749

Please check our Frequently Asked Questions Page for answers to the general questions you may have about our courses.