Burden Rates for Procurement

Description

When dealing with government contracting, do not underestimate the importance of your indirect costs. Do you know what burdened rates are and how to calculate them? Is your accounting chart of accounts set up in a way that allows you to calculate those rates? In this session, you will understand how to bid competitively. Join SBDC consultants Brent Hoover and Scott Bellows in-person at the SBDC Incubator to learn more about this exciting topic. Set your business up for procurement success! What You Will Learn: Organize your chart of accounts to capture indirect cost 'pools.' Analyze indirect cost pools to derive burdened rates (OH, FB, G&A). Use burdened rates in producing job estimates. Location: USC/Columbia Technology Incubator, 4th Floor Classroom, 1225 Laurel Street, Columbia, SC 29201 Presenters: Brent Hoover, Business Consultant, Aiken Area SBDC Office, and Scott Bellows, Procurement Consultant, SC SBDC