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 agency needs to develop clear, standardized guidance that can be consistently applied and maintained in an audit-ready format. The project covers evaluating the treatment of major cost categories and determining appropriate allocation methods. The selected firm must review and resolve known inconsistencies in current practice, eliminate ambiguity in current allocation and cost treatment practices, and develop guidance distinguishing standard and non-standard cost treatment scenarios. Additionally, the scope includes providing audit support requirements and establishing a cost allowability framework. The agency requires an evaluation of existing reconciliation and review processes to identify control deficiencies and process risks. The provider must recommend standardized procedures and controls to mitigate these risks. Eligible bidders must be onshore United States organizations, and the performance of the work will take place offsite. The agency is currently looking for proposals to determine the budget, and specific evaluation criteria and key dates are not detailed in the sourcing request.