Demystifying Indirect Cost Rate Proposals

Indirect Cost Rate Proposals (ICRPs) are formal submissions used by local governments to calculate and justify rates for recovering overhead costs (e.g., facilities, administration) from federal grants, as defined in 2 CFR Part 200.

In California, ICRPs must align with the State Controller's Office (SCO) and cognizant federal agencies (e.g., Caltrans for transportation), ensuring costs are allowable, reasonable, and allocable to benefit multiple objectives.

At GCP, we demystify this process by turning intricate regulations into straightforward, audit-ready proposals that maximize reimbursements. Our services address challenges like unallowable costs, rate negotiations, and extensions (e.g., one-time under 2 CFR 200.414(g)).

With over 200 California cities and 40 counties as clients (including 24 of the state's 25 largest agencies) we bring proven expertise to prepare ICRPs that support expanded programs without taxpayer burden.