Attachment C - Financial MGMT Report.pdf
PDF 115 KB Posted
- Attached to
- HYDROSPHERE, BIOSPHERE, & GEOPHYSICS (HBG) SUPPORT SERVICES II - FINAL REQUEST FOR PROPOSAL (FRFP)
- Solicitation number
- 80GSFC27R0015
About this file
This is Attachment C to RFP 80GSFC27R0015, a financial management reporting requirements document issued by NASA in June 2014. The attachment serves as a template and instruction guide for contractors to submit financial reports on awarded contracts.
Contractors must submit NASA 533 series reports in accordance with NASA Procedural Requirements NPR 9501.2E, with an individual report for each task order plus a cumulative summary report. The initial report must be submitted in NF 533Q format within 30 working days after contract award, followed by monthly NF 533M reports due no later than the tenth working day after the contractor's monthly accounting period closes. Quarterly NF 533Q reports are due by the fifteenth day of the month preceding the quarter being reported; NF 533M reports are not required in months when NF 533Q reports are submitted. Contractors must provide variance narratives explaining any variances exceeding plus or minus 10 percent between estimated and actual total direct labor hours and total estimated costs, including the reason for variance, impacts on the task order, and specific corrective actions. The reporting requirements mandate cost data breakdown by specific elements including prime direct labor hours (onsite and offsite by labor category), subcontractor direct labor hours (by subcontractor and location), combined prime and subcontractor hours, prime direct labor costs, prime overhead expenses (onsite and offsite), other direct costs (subcontracts, material, travel, other), subtotals, general and administrative expenses, total estimated costs, fixed fees, and total cost-plus-fixed-fee amounts. Additionally, contractors must list all firm-fixed-price task orders with associated values and identify any unexpected price adjustments made during the reporting period.
View the file
Other files
Show all 29
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
FINAL RFP# 80GSFC27R0015
ATTACHMENT C
FINANCIAL MANAGEMENT REPORTING
June 2014
CONTRACT TBD
Contract TBD Attachment C
(06/2014) 2
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
An individual 533 Report shall be provided for each Task Order 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 with Section 3.6 of NPR 9501.2, the Contractor shall include a narrative explanation for variances exceeding plus or minus 10 percent (+/-10%) between the Total Direct Labor Hours (prime and subcontractors) 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. (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 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.
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:
(06/2014) 3
Prime Direct Labor Hours - Onsite (List applicable labor categories)
Prime Direct Labor Hours – Offsite
Total Prime Direct Labor Hours
2. Subcontractor Direct Labor Hours:
Subcontractor A Direct Labor Hours – Onsite
Subcontractor A Direct Labor Hours – Offsite (List applicable labor categories)
Subcontractor B Direct Labor Hours – Onsite (List applicable labor categories) Subcontractor B Direct Labor Hours – Offsite (List applicable labor categories)
Subcontractor C Direct Labor Hours – Onsite (List applicable labor categories) Subcontractor C Direct Labor Hours – Offsite
Total Subcontractors Direct Labor Hours
3. Total Prime and Subcontractors Direct Labor Hours:
Total Prime and Subcontractors Hours – Onsite Total Prime and Subcontractors Hours – Offsite
Total Prime and Subcontractors Direct Labor Hours
4. Prime Direct Labor Costs:
Prime Direct Labor Costs - Onsite
Prime Direct Labor Costs – Offsite
Total Prime Direct Labor Costs
5. Prime Overhead Expenses:
(06/2014) 4
Onsite Overhead
Offsite Overhead
Total Prime Overhead
6. Other Direct Costs (ODCs):
a. Subcontracts (list separately, Subcontractor A, B, C, etc.)
b. Material
c. Travel
d. Other (specify)
Total ODCs
7. Subtotal (Direct Labor, Overhead & ODCs)
8. G&A Expense
9. Total Estimated Cost
10. Fixed Fee
11. Total Cost-Plus-Fixed-Fee (CPFF)
12. List all Firm-Fixed-Price (FFP) task orders and their associated values, and identify any unexpected price adjustments made during the reporting period.
CLIN CONTRACT TYPE
CLIN 001 CPFF
CLIN 002 FFP
File details come from the government source that posted it. Updated .