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Get the free FHWA Policy for Contractor Certification of Costs - library modot mo

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This memorandum outlines the FHWA's new policy regarding contractor certification of costs related to establishing indirect cost rates for Federal-aid engineering and design-related services contracts.
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How to fill out fhwa policy for contractor

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How to fill out FHWA Policy for Contractor Certification of Costs

01
Gather all relevant documentation regarding costs related to the project.
02
Ensure that you understand the Federal Highway Administration (FHWA) guidelines for cost certification.
03
Complete the form by entering accurate and detailed cost information, ensuring that all entries are legible.
04
Include all necessary supporting documents, such as invoices, payroll records, and subcontractor agreements.
05
Review the completed form and all included documentation for accuracy and completeness.
06
Have the form signed by the authorized contractor representative.
07
Submit the completed form and all supporting documents to the relevant FHWA office.

Who needs FHWA Policy for Contractor Certification of Costs?

01
Contractors working on federally funded highway projects.
02
Project managers and financial officers overseeing compliance with FHWA regulations.
03
Subcontractors involved in projects that require cost certification.
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The FHWA Policy for Contractor Certification of Costs requires contractors to provide a certification that their incurred costs are accurate and in accordance with applicable regulations and agreements when billing for federal-aid projects.
Contractors working on federal-aid projects that are funded by the Federal Highway Administration are required to file the FHWA Policy for Contractor Certification of Costs.
To fill out the FHWA Policy for Contractor Certification of Costs, contractors must detail their costs incurred during project execution, certify these costs through a signed statement, and ensure that all necessary documentation and substantiation are attached.
The purpose of the FHWA Policy for Contractor Certification of Costs is to ensure transparency and accountability in the use of federal funds by requiring an official certification of costs incurred by contractors.
The information that must be reported includes the total costs incurred, detailed supporting documentation, the contractor's certification statement, and any relevant subcontracts or agreements related to the project.
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