To be used by consultants who have an established Indirect Cost Rate on their MPA.
Project Cost Worksheets (PCW) Templates
To be used by Consultants who have an approved Fee Schedule on their MPA. Fee Schedule rates are approved as fully loaded rates, which means wage rate, indirect cost rate and profit are all built into that approved rate. Thus, for fee schedule consultants the fee must be backed out so that when you invoice CDOT you add the fee back into the invoice to come up with your Approved billing rate. For example if your approved rate is $100 that is the maxium you can receive per hour for that employee. For the CPFF you must back out the fee (lets say 10%) thus your billing rate would be $90.91. When you invoice CDOT (lets say for 1 hour) you list your billing rate $90.91 then you add the fee of 9.09 to give you reimbursement of $100 which is your fee schedule rate.
To be used by Consultants with an established Indirect Cost Rate on their MPA. Please make certain that the Multiplier is brought out four (4) decimal places. Please NOTE the FCCM is calculated below the labor costs.
Since a Fee Schedule Consultant's rate is a "fully Loaded rate", meaning it include all facets of the billing rate including the fee, The Billing Rate in 1A (a) and the Specific Rate of Pay 1A (c) will be the same.