Is your organization charging an appropriate hourly rate for services to clients or for reimbursable grants? Ideally, the rates you charge should cover not only your direct costs but also your indirect costs.  However, there are limitations to the types of expenses that can be included as "overhead" depending upon who you are providing services to and your particular grant agreement. If your organization has not reviewed its Indirect Cost Allocation Plan, you run the risk of not covering all of the costs associated with the services you provide, or worse, violating your grant or service agreement and subjecting your organization to the risk of penalties, reimbursements, and termination of your grant or service agreement. CFR 48, Part 31, CFR, Part 18, OMB A-133, and OMB A-122 are just some of the regulations and standards that should be adhered to depending on your organization and to whom services are being provided.

IntelliBridge Partners has worked to assist several for-profit, non-profit, and governmental agencies with either developing an Indirect Cost Allocation Plan or validating the overhead rates already being used. If you would like help with assuring your organization is using an appropriate overhead rate, please contact one of our listed representatives.