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Home My WebLink AboutICR Schedule 12-31-2013 Description Financial Statement Amount RH2 Adj. WSDOT Adj. Ref. Accepted Amount % Direct Labor 4,176,258$ $ 95,735 N $ 4,271,992 100.00% Fringe Benefits: Vacation Pay 430,280$ $ 430,280 10.07% Sick Pay 160,487$ $ 160,487 3.76% Holiday Pay 225,163$ $ 225,163 5.27% Payroll Taxes 1,096,417$ $ 1,096,417 25.67% Retirement Plan 475,001$ $ 475,001 11.12% Fringe Benefit Adjustment $ (90,556)I $ (90,556)-2.12% Total Fringe Benefits 2,387,348$ (90,556)$ -$ 2,296,792$ 53.76% General Overhead: Indirect Labor 1,860,067$ $ (142,200)J,N $ 1,717,867 40.21% Bid & Proposal Labor 1,065,250$ $ 1,065,250 24.94% Advertising Labor 241,110$ $ (241,110)A $ - 0.00% Client Relations Labor 135,455$ $ 135,455 3.17% Business Planning/Direct Selling Labor 163,129$ $ 163,129 3.82% Bonus 1,249,177$ $ (519,054)M $ 730,123 17.09% Rent & Building Utilities 948,085$ $ (15,483)O $ 932,602 21.83% Equipment Support 45,487$ $ 45,487 1.06% B&O/Property/Excise Taxes 262,786$ $ 262,786 6.15% General Insurance 182,735$ $ 182,735 4.28% Professional Services 38,297$ $ 38,297 0.90% Interest and Bank Charges 18,240$ $ (18,240)B $ - 0.00% Travel 223,170$ $ (72,602)A,H,K $ 150,568 3.52% Miscellaneous 11,044$ $ (5,810)F,G $ 5,235 0.12% Telecommunications 173,364$ $ 173,364 4.06% Supplies, Printing, & Postage 130,577$ $ (2,967)A $ 127,610 2.99% Professional Development 41,458$ $ 41,458 0.97% Dues & Subscriptions 36,542$ $ 36,542 0.86% Business Planning & Recruiting 25,374$ $ (376) $ 24,998 0.59% Bad Debt (3,081)$ $ 3,081 C $ - 0.00% Keyman Insurance 4,719$ $ (4,719)D $ - 0.00% Donations & Community Involvement 7,995$ $ (7,995)E $ - 0.00% Advertising / Promotional Items 98,128$ $ (98,128)A $ - 0.00% Client Gifts & Entertainment 145,830$ $ (145,830)F $ - 0.00% Accumulate Accrued Vacation (20,340)$ $ 20,340 K $ - 0.00% Depreciation & Amortization 184,099$ $ (13,009)H $ 171,090 4.00% Gain/Loss from Sales/Disposals of Assets 23,043$ $ 23,043 0.54% Federal Income Tax 31,015$ $ (31,015)L $ - 0.00% Deferred Federal Income Tax (106,901)$ $ 106,901 L $ - 0.00% Oregon State Income Tax 500$ $ 500 0.01% In-House Costs Reimbursed (948,740)$ $ (948,740)-22.21% Total General Overhead 6,267,613$ (1,188,216)$ -$ 5,079,398$ 118.90% Total Indirect Costs & Overhead 8,654,961$ (1,278,772)$ -$ 7,376,190$ 172.66% Indirect Cost Rate 207.24% 172.66%172.66% References RH2 Engineering Adjustments: RH2 Engineering Overhead Prepared by Kris Nordlund, Financial Manager of RH2 Engineering A Advertising and Public relations labor & expenses unallowable per 48 CFR 31.205-1 and 31.205-38 B Interest & Financial Charges unallowable per 48 CFR 31.205-20 C Bad Debts unallowable per 48 CFR 31.205-3 D Key person life insurance ($142,103) unallowable per 48 CFR 31.205-19(e)(2)(v). E Contributions unallowable per 48 CFR 31.205-8. F Entertainment unallowable per 48 CFR 31.205-14 and Gifts unallowable per 48 CFR 31.205-13. G Alcoholic Beverages unallowable per 48 CFR 31.205-51 H Personal use of company vehicles not allowable 48 CFR 31.205-46 (d) I Associated Advertising and Public Relation labor fringe unallowable per 48 CFR 31.205-1 and 31.201-6. J Costs directly associated to a project unallowable per 48 CFR 31.202(a) and 31.201-6. Trade Show Booth costs and associated costs unallowable per 48 CFR 31.205-1 and 31.201-6. Travel costs in excess of allowable per diem rates unallowable per 48 CFR 31.205-46. K Unsupported costs unallowable per 48 CFR 201-2, 31.201-4. L Federal Income Taxes and Deferred Income Taxes unallowable per 31.205-41(b) M Bonus payments above base bonus amount without performance criteria supporting documentation N OT Premium not properly allocated to projects in the GL ($97,135.27); and Nonbillable Project Time improperly allocated to direct wages (-$1,400.35) and subsequently disallowed from Indirect Labor O Common Control Rent Adjustment for EW Office RH2 ENGINEERING, INC. Indirect Cost Rate Schedule For the Year Ended December 31, 2013 RH2 Engineering, Inc. - In Process "Indirect Cost Rate still subject to WSDOT Audit"