Any architectural, engineering, or construction (A/E) firm which participates in government contracts or receives funding from federal or state agencies must determine an indirect costs (overhead) rate in order to submit a grant proposal or a bid on a contract.
An indirect costs rate must be in agreement with the Federal Acquisition Regulation (FAR). MacConel & Dodd has been working with A/E firms across the country since 1999 allowing us to provide experience dealing with inconsistencies of different states FAR audit expectations. Our FAR audit specialists are experienced in FAR Part 31, the American Association of State Highway and Transportation Officials (AASHTO) Uniform Audit and Accounting Guide, and the Generally Accepted Government Audit Standards (GAGAS).
MacConel & Dodd is a small firm which provides our clients a fast and responsive personalized service. We are focused on FAR audit conformity and as such our auditors undertake continuing education on FAR compliance, as well as regularly attending conferences. We have worked with companies ranging in size from sole proprietors to multi-national corporations and are able to tailor our audit work to your company’s specific needs.
In addition to our FAR indirect costs rate audits, we provide a number of services to A/E firms, including:
- FAR Consultation and Training
- Financial Statement Audits, Reviews, and Compilations
- Tax Planning, Compliance, and Preparation Services
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