GovCon Acronym Decoder
Government contracting runs on shorthand. Search any acronym and get a plain-English definition, when you will run into it, whether you need one, and where it comes from.
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2 of 172 terms matching "G&A"
General and Administrative Expense
The cost of running the business as a whole (executive salaries, accounting, business development) allocated across all work.
When you see it
As a rate applied near the bottom of your price build-up.
Do you need it
Every contractor has G&A whether or not they calculate it. Calculate it.
Where it comes from
FAR Part 31.
Related terms
General and Administrative Expense
The cost of running the business as a whole (executive salaries, accounting, business development) allocated across all work.
When you see it
As a rate applied near the bottom of your price build-up.
Do you need it
Every contractor has G&A whether or not they calculate it. Calculate it.
Where it comes from
FAR Part 31.
Related terms
Indirect Rate
The rates (fringe, overhead, G&A) that allocate costs you cannot charge directly to a single contract.
When you see it
In every price proposal and every cost audit.
Do you need it
You need defensible rates before you price anything cost-based.
Where it comes from
Your accounting system, tested against FAR Part 31 cost principles.
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