Tribal firms, Alaska Native Corporations (ANC) and Native Hawaiian Organizations (NHO) enjoy unique opportunities for doing business with the government. The Small Business Administration’s non-affiliation exception affords native firms greater flexibility in how they manage their size status for participation in the SBA 8(a) program. But, this often comes with the administrative burden of running multiple small businesses at once in the hyper-regulated world of government contracting.
Baker Tilly understands the unique aspects of native firms navigating the world of SBA’s 8(a) program. Our clients leverage our support to maximize the benefits of program involvement while mitigating the associated administrative burden of accounting and compliance requirements.
For contractors large and small, native or otherwise, the ubiquitous Federal Acquisition Regulation (FAR) contract clause 52.216-7, Allowable Cost and Payment, requires, among other things, applicable government contractors to complete a final indirect cost rate proposal (better known as the “incurred cost proposal” or “ICP”). The ICP is hard on everyone, but for native entities operating multiple businesses under a common home office, the complexity and level of effort increases tremendously.
What if we told you Baker Tilly has developed a proprietary model that can accommodate the unique cost accounting practices of each of your entities? That some expertly written data reports can significantly cut down or eliminate hours of effort pulling the necessary reports together?
That is the message we are here to deliver.
Baker Tilly has developed an ICP tool that, paired with the right data extracts, delivers near push-button ICP preparation capability. Here’s how it works:
For contractors with the requirement to produce ten, 20, 30 or more individual ICPs annually, this approach can reduce time, effort and risk.
We help native government contractors: