The Vendor is required to provide a 2 CFR part 200 cost allocation plan (uniform guidance) and a full cost allocation plan be prepared to identify and allocate central services costs.
- This plan identifies various costs incurred by the City to support and administer direct service agencies.
- The development of the plans may involve access to City records that may not be ready for review until about April-May of the year following the closeout of the fiscal year plan being developed.
- The plan is to contain a determination of allowable costs of providing each support service under the requirements of Uniform Guidance, including but not limited to purchasing, personnel, accounting, legal services, data services, maintenance, utilities, etc.
- Provide continuous updates to the Plans, looking for ways to improve the quality of the Plans. (Different methods of allocation, criteria, etc.) This comes about during your annual interviews with Agencies, work in preparing the Cost Plans and experience in working with other entities.
- Ability to defend your methodology in any inquiry and attend meetings/make presentations/offer advice about the Plans at no additional cost. This happens once or twice a year.
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