News and Updates

Current Department Limits on Consultant Overhead Rates

Date:  November 7, 2022
Subject: Department Limits on Consultant Overhead, Direct Expense, and FCCM for unaudited rates, including interim, self-certified, and job cost accounting system review rates

The Department will cap unaudited rates, including interim reimbursement rates, self-certified reimbursement rates, and job cost accounting system review reimbursement rates submitted by consultant firms for use on professional services contracts. 

Based on the latest review of three previous years of overhead audit statements submitted by qualified professional services consultants, the resulting limits are established as follows: