Federal Acquisition Regulations (FARs)

Federal law requires that contracts for engineering services for state highway agencies be performed and audited in compliance with cost principles contained in the Federal Acquisitions Regulations.

What We Do:

  • Perform engagements to ensure contract pricing is based on actual costs incurred in compliance with FARs, as well as specific contract provisions.

Benefits to You:

  • Advance review of your overhead rate calculations can minimize suprise governmental audit adjustments. Unexpected adjustments can affect planned profits and sometimes create financial hardships
  • Determines what can and can’t be included in allowable FAR overhead, project costing, invoicing practices
  • Explains governmental audit rules
  • Prepares you for pre- or post-project audit

Construction Services



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