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...
DCAA V. DCMA

DCAA V. DCMA

Once your Contracting Officer negotiates and awards you your contract (and all documents are signed), quite often your contract will be handed off to the Defense Contract Management Agency (DCMA) who is now responsible for managing and administering the contract. In...
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