Learn what prime cost means, its formula, and calculation methods to optimize profit margins and pricing strategies in manufacturing.

F&A [Facilities & Administrative] costs, also known as IER [Indirect Expense Recovery] or Indirect Costs, are real costs that are necessary to cover expenses which cannot be charged directly to a ...

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part ...

Indirect costs (Facilities and Administrative (F&A) costs) are charged to externally sponsored awards, unless specifically prohibited by the funding agency. A percentage of indirect (F&A) costs ...

Since 1947, the federal government has provided research institutions with funding for administrative and facilities costs such as rent, heating, and electricity in addition to direct costs for ...