Forward Pricing Rate Agreements

Forward Pricing Rate Agreements

A Forward Pricing Rate Agreement (FPRA) is an agreement between a contractor and a government agency in which certain indirect rates are established for a specified period of time. These rates are estimates of costs and are used to price contracts and contract...
Fixed Price vs. Time & Material Contracts

Fixed Price vs. Time & Material Contracts

Contract type is a term to signify differences in contracts and their structures; including but not limited to compensation arrangements, amount of risk (either government or contractor).  Contract types vary according to: The degree and timing of the risk...
Allowable Cost and Payment

Allowable Cost and Payment

The government will make payments to the Contractor when requested as work progresses, but (except for small business concerns) not more often than once every 2 weeks, in amounts determined to be allowable by the Contracting officer in accordance with Federal...
Alternative Financing

Alternative Financing

One of the leading reasons a small business fails is having a cash flow problem.  Even a seemingly healthy business that is profitable and growing can suffer from a lack of funds to meet day-to-day obligations and support rapid growth.  For many companies, a...
Skip to content