Incurred Cost Submissions

Victura has years of experience in reviewing and/or preparing Incurred Cost Submissions (ICS) for clients in accordance with the “Allowable Cost and Payment” clause (FAR 52.216-7) requirements on an annual basis.  Our team works closely with Clients to understand their unique cost rate structure and prepare timely and accurate submissions in accordance with their disclosed accounting practices.

Our services include:

Advisory Services

Our professionals can assist Clients during the preparation of the ICS process by providing consultation, answering questions, performing quality assurance reviews, and/or mock audits.

Full Services

Our professionals will work with you to gather the necessary information to prepare the ICS, draft the ICS schedules, and support the Client during the government’s audit of the ICS.

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