Indirect Expense Allocation Review Service

The government authority located in Washington, DC is seeking a consulting firm to evaluate, refine, and formalize its indirect cost allocation methodology and framework. This initiative aims to ensure consistency, compliance with federal cost principles, audit readiness, and support for future submissions. The authority needs to resolve known inconsistencies, eliminate ambiguity in current allocation and cost treatment practices, and develop standardized guidance that can be consistently applied and maintained in an audit-ready format. The scope of work covers evaluating the treatment of major cost categories, determining appropriate allocations, and developing guidance that distinguishes between standard and non-standard cost treatment scenarios. The selected firm must also provide audit support requirements, establish a cost allowability framework, and evaluate existing reconciliation and review processes. Additionally, the project requires identifying control deficiencies and process risks, alongside recommending standardized procedures and controls. Eligible bidders must be onshore USA organizations only. The authority requires all performance of the work to be conducted offsite. The authority is currently looking for proposals to determine the budget, and the source document does not specify further evaluation criteria or key dates.