Loading...

Subscribe to newsletters

Legal & Privacy

Request a Proposal

© 2024-2025 Baker Tilly US, LLP / Baker Tilly Advisory Group, LP

Baker Tilly US, LLP and Baker Tilly Advisory Group, LP and its subsidiary entities provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to clients. Virchow, Krause & Company, LLP, a licensed CPA firm, is an affiliated entity of Baker Tilly US, LLP and provides attest services to clients located in Kansas, USA. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms.

Baker Tilly Advisory Group, LP and Baker Tilly US, LLP are independent members of Baker Tilly International. Baker Tilly International Limited is an English company. Baker Tilly International provides no professional services to clients. Each member firm is a separate and independent legal entity and each describes itself as such. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP are not Baker Tilly International’s agent and do not have the authority to bind Baker Tilly International or act on Baker Tilly International’s behalf. None of Baker Tilly International, Baker Tilly Advisory Group, LP, Baker Tilly US, LLP, nor any of the other member firms of Baker Tilly International has any liability for each other’s acts or omissions. The name Baker Tilly and its associated logo is used under license from Baker Tilly International Limited.

Fed Talks: Incurred cost proposals … but why? | Baker Tilly

Fed Talks podcast series

Multimedia

Fed Talks: Incurred cost proposals … but why?

Sept. 20, 2021

Subscribe to newsletters

Share

Related sections

Government Contractors
Consulting
Government Contracting & Compliance
Government Contract Cost Accounting

Tags

incurred cost proposals

Fed Talks is a series of audio episodes featuring current issues in government contracting, offering thoughtful, bite-sized insights with rotating guests from inside and outside Baker Tilly.

On our second installment of our Fed Talks miniseries: But why?, we discuss the purpose of incurred cost proposals (ICPs) with Baker Tilly subject matter specialist Drew Lewis. Questions addressed include:

What is an ICP and when are contractors required to prepare them?
How can contractors ensure that submitting an ICP is as simple as possible?
What types of changes are expected to be made to the ICP process?

Connect with us to hear more from our government contractor advisory team.

Fed Talks host

Derek Boyd

Derek Boyd

Derek Boyd is a principal with Baker Tilly’s government contractor solutions practice.

Related sections

Government Contractors
Consulting
Government Contracting & Compliance
Government Contract Cost Accounting

Article Tags

fed talks icp incurred cost proposals

About the guest

Drew Lewis, Senior Manager, CPA, CFE
Drew Lewis is a CPA and a CFE and has worked in government contracting for over ten years. Drew has worked with many contractors, providing various types of audit functions throughout the contracting lifecycle. He has broad knowledge of rules and regulations surrounding the FAR, DFARS, CAS and TINA.

About the producer

Andrew Graziano, Senior Consultant
Andrew has been with Baker Tilly for over four years and has spent that time working with government contractors on a wide variety of compliance matters. In particular, Andrew has experience with incurred cost proposals, indirect rate modeling, business systems implementation, cost impact analysis and commercial sales practice disclosures. In his spare time, he produces and edits this Fed Talks podcast.

Listen to other Fed Talks podcasts

Listen to this podcast now

Listen to more podcasts in this series

Listen or subscribe to Fed Talks on your favorite player.

Listen on Apple Podcasts

Listen on Google Podcasts

Listen on iHeartRadio

Listen to this podcast on Spotify

Music Credit
Artist: Chael
Song: Sparks