Your firm is now technically prequalified with the Department for Professional Services in the above referenced work types. The overhead audit has been accepted, and your firm may pursue projects in the referenced work types with fees of any dollar amount. This status shall be valid until June 30, 2023, for contracting purposes.
Facilities Capital Cost Of Money
Reimburse Actual Expenses
*For multi-year contracts, DOT has adjusted the overhead rates to mitigate the adverse impacts of Payroll Protection Program loan forgiveness. For information on the adjusted overhead rates, contact the district Procurement Office
Per Title 23, U.S. Code 112, there are restrictions on sharing indirect cost rates.
Refer to Code for additional information.