ATT W - Financial Management Reporting - Draft.pdf

ATTACHMENT W

FINANCIAL MANAGEMENT REPORTING

REQUIREMENTS

RFP 80TECH22R0002

CONTRACT # TBD

DATE: TBD

80TECH22R0002

Attachment W

DRAFT

FINANCIAL MANAGEMENT REPORTING REQUIREMENTS

Financial Management Reports shall be submitted by the Contractor on the NASA 533 series reports, in accordance with the instructions on the reverse of the forms, NASA Procedural Requirements NPR 9501.2E entitled "NASA Contractor Financial Management Reporting,” dated May 27, 2011, and additional instructions issued by the Contracting Officer.

a. Level of Detail

For the Core baseline portion of the contract, the Contractor’s 533 Reports shall contain a summary of total Core baseline contract costs at the total contract level.

An individual 533 Report shall be provided for each Task Order at the total Task Order level, in addition to a cumulative 533 Report summarizing all Task Orders issued.

The reports shall contain a breakdown of hours and costs by the elements of cost categories listed in Section d below.

b. Variance Narrative Reporting

In accordance ith Secti n 3 6 of NPR 9501 2, t e Con ractor shall in ude a narrative explanation for variance ex edin plus or minu 10 p rcent (+/- 10% between the Total Direct La or Hou s (pr me and subc ntracto s) and/or Total Estimated Cost amount shown in the prior month and the Actual Total Direct Labor Hours and/or Actual Total Cost amount shown in the current month for each individual Task Order and at the Core baseline total contract level. (For example, the Total Estimated Cost amount shown for June in column 8a in the May NF 533M and the Actual June Total Cost amount shown in column 7a in the June NF 533M.)

Each variance narrative shall explain the: (1) reason for the variance, (2) impact(s) on the Core baseline and/or each individual task order, and (3) specific corrective action(s) being taken or to be taken.

c. Distribution

The Contractor shall distribute 533 reports to each addressee indicated in the contract clause entitled, "Financial Management Reporting." The Contractor shall submit an initial report in the NF 533Q format within 30 working days after contract award.

After the initial report, the NF 533M reports shall be distributed not later than the tenth (10th) working day following the close of the contractors' monthly accounting period.

The 533Q reports shall be distributed not later than the fifteenth (15th) day of the month preceding the quarter being reported. The NF 533M need not be submitted in months in which an NF 533Q is submitted.

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d. Reporting Requirements

Each individual report shall, at a minimum, provide cost data by the following elements of cost categories:

1. Prime Direct Labor Hours:

(List all applicable labor categories)

Total Prime Direct Labor Hours

2. Subcontractor Direct Labor Hours:

Subcontractor A Direct Labor Hours (List all applicable labor categories)

Subcontractor B Direct Labor Hours (List all applicable labor categories)

Subcontractor C Direct Labor Hours (List all applicable labor categories)

Total S bcontr ctors Direct L bor Hour

3. Total Prim and Sub ont actor Direct Labor Hours

4. Prime Direct Labor Costs:

(List all applicable labor categories)

Total Prime Direct Labor Costs

5. Subcontractor Direct Labor Costs:

(List all applicable labor categories)

Total Subcontractor Direct Labor Costs

6. Total Prime and Subcontractors Direct Labor Costs

7. Prime Overhead Expense

8. Other Direct Costs (ODCs):

a. Subcontracts (list separately, Subcontractor A, B, C, etc.)

b. Material

c. Travel

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d. Other (specify)

Total ODCs

9. Subtotal (Direct Labor, Overhead & ODCs)

10. G&A Expense

11. Total Estimated Cost

12. Provisionally Billed Award Fee

13. Award Fee Earned

14. Total Cost-Plus-Award-Fee (CPAF)

80TECH22R0002