Rate Ceiling
Assign a rate ceiling when a contract requires costs to be burdened at a rate LOWER than the Negotiated Indirect Rate.
A rate ceiling should reflect the specific indirect rate as instructed in the contract document. Transactions burdened with a contract specific rate ceiling will not be adjusted during an Indirect Rate Adjustment process.
Add Rate Ceiling section is used to add a new rate ceiling.
Rate Ceiling section-(2nd grid) is used to edit/review existing rate ceilings.
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