Construction and renovation projects often result in unexpected expenses. When those projects involve energy improvements, schools, local governments and non-profits can employ a variety of funding sources to stretch project budgets. In addition to grants, it is useful to include utility incentives and performance contracting.
Many requests for proposal will ask for an administrative rate, also known as General & Administration (G&A) expense rate, or indirect rate. In this blog we address some of the most frequent questions we get in our consultations and with clients. This is a basic introduction of key concepts. Indirect expenses can get complex, with multiple rate structures and multiple tiers or rates. If you have additional questions, feel free to contact us at no charge for a quick response.