DCAA COMPLIANCE BLOG

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Incurred Cost Submission Deadline Looming...

Posted by Tyler Link on Tue, May 10, 2016 @ 02:01 PM

It’s that time of year again (I know, I know), and even though your small business is just getting over the chaos of tax season, ReliAscent would like to remind our clients and all federal contractors that another important deadline is rapidly approaching: your Incurred Cost Proposal/ICE Submission is (more than likely) due on June 30th!

If you’re a small business Federal Contractor that had a Cost Reimbursable and/or Time & Material (T&M) type contract in 2015, your ICP/ICE is due 6 months after the end of your FY (per FAR 52.216-7).  Given the average ICE submission can take as long as 4+ weeks, you need to get started on this process ASAP!

Just like you don’t (or at least you shouldn't), wait until April 1st to select your accountant and start your tax return, you should NOT wait any longer to select a qualified government accounting group to help you with your Incurred Cost Submission.   The experts at ReliAscent have completed thousands of Incurred Cost Proposals for contractors over the last 20+ years, and can take the headache out of the process for you (for those of you that have ever seen the ICE, you know what I mean).

Call us today to get started. But hurry---slots are filling up fast and June 30th will be here before you know it!

 

Topics: Incurred Cost Submission, incurred cost report, incurred cost proposal, DCAA ICE, ICE submission