Effective FAR Part 31 overhead rate audits, for a stronger business
For architects and engineers operating under government contracts and grants, FAR Part 31 overhead rate audits are almost always a requirement. Our team has the experience and expertise to complete them efficiently and thoroughly, while helping you maximize profit and remain compliant.
BerryDunn’s architecture and engineering team guides clients through the requirements of Federal Acquisition Regulation (FAR) Part 31, helping you maximize your overhead rate. We stay at the forefront of the changing regulatory environment and developments. We can help you navigate the ever-changing state DOT and federal reporting requirements.
Our high-quality overhead rate audits are respected and accepted by state DOTs throughout New England and beyond. We analyze your overhead costs and share best practices on proper internal controls, guiding you in determining whether costs are allowable, reasonable, and allocable under FAR cost principles and the American Association of State Highway and Transportation Officials’ (AASHTO) Audit and Accounting Guide.
Our team is here to provide the help and insight you need to reduce compliance costs. When we couple the overhead rate audit with a financial statement audit, we leverage that work to minimize overall fees and find efficiencies. To learn more, please contact our overhead rate audit and compliance team.
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