Audit Information
The Indiana Department of Transportation Audit Information website is currently under revision, please e-mail or call either William Farley, Senior Auditor assigned to INDOT's financial prequalification process and indirect cost rates (317-232-0112, wfarley@indot.in.gov), or Bob Snider, External Audit Manager (317-234-3989, rsnider@indot.in.gov) concerning indirect cost submissions to the Agency. The total salary and all other forms of FAR allowable compensation will be limited to $167,031.00 per individual, employee, principal, owner, or member. Additionally, allowable compensation is pro-rated to the individual’s accrued hours, and limited to 2080 hours during the applicable one year period of the firm’s 2008 fiscal year indirect cost submission. This cap was set at $162,495.00 for fiscal year 2007 submissions.
The maximum allowable reimbursement for incurred direct labor will be $59.65 per hour. Previously, this amount was set at $58.03. The increase in the hourly direct labor cap is only effective for direct labor costs incurred for contracts signed on or after July 1, 2008. Please Note: The increase in the FAR allowable total individual compensation is effective for a firm’s fiscal year. This cap is applicable to all firms which are not publicly held and to publicly held firms with less than $50M in annual revenues. The increase in the reimbursable direct hourly labor rate is effective for contracts signed on or after July 01, 2008, and is not retroactive for contracts signed before that date unless included by an explicit clause in the contract.
Increase in the limitation on Consultant's Total Annual Individual Compensation and Hourly Direct Labor Caps
The Indiana Department of Transportation (INDOT) made adjustments to its limitation on annual compensation and hourly rate for reimbursement of incurred direct labor for architectural and engineering consulting service contracts.
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