Professional Services Agreement - Lawson Fisher Associates PC - Bendix Drive Stage II Construction Inspection Services

Home Browse Search

INDIANA,DEPARTMENT D ' TRANNATAP-010 DrNing Wisna's Economic Growfli 100 North Senate Avenue Eric Holcomb, Governor Rxm N749 Joe McGuinness, Commisslonei Indianapolis, Indiana 46204 External Audit tt :1 ,in. ovlindo 2 4.h Division of Economics, External Audit, and Performance Metdcs April 13, 2018 Re: Report on Review of Financial Prequallfication submission 18.16-102 For Fiscal Year Ending: December 31, 2017 Paul Hummel Lawson -Fisher Associates P.C. 528 West Washington Avenue South Bend, In 46601 Dear Mr. Hummel: External Audit has reviewed the Financial Prequallffoatlon submittal by Low on- isherAssoolates P.C, for the fiscal year ending December 31, 2017. This notice Is to report the results of the financial review. For further Information regardinig the overall Pregualiflcation status of your firm, holuding technical requirements, please contact the Proqu,ellfication Section directly. We reviewed an Indirect Cost Schedule and associated required documents for Financial Prequaliflcatlon submitted for the CPA Audited Level as application #20392. Per the Dannlble & McKee, LLP report, the Indirect Cost Schedule was audited In accordance with generally accepted government auditing standard's Issued by the Comptroller General of the United States and 48 CFR Part 31, with, an audited Indirect cost rate of 164,96%, fllitles capital cost of money rate of 0.43% and expressed the opinion that these rates present fairly, In all material respects, the direct labor, fringe benefits, and general overhead of Lawson -Fisher Associates P.C. for the period ending December 31, 2017. Indiana Department of Transportation (INDOT) accepts the use of these rotes for Invoicing of services provided during the firm"s fiscal period covered by this report, for contracts filth or administered through the agency. Acceptance of these rates for this use does not constitute "eslablishrnent of a rate by a. cognizant agency" for the purpose of applying the regulatlons published InTttle 23 CFR Soot. 172.7. INDOT also accepts the use of these rates as provisional rates for estlmOng, negotlating and billing current contracts with or administered through the agency. This provisional' rate acceptance expires ,June 30, 2019. Costs billed to contraot-s with federal participation are subject toeaudit`for compllancewith the cost principles contained In 48 CFR Part 31. With the financial prequallficatlon aaccepted ,at the CPA Audited Level, this firm Is not restricted to total annual billings of less then$250,000.00 for a contract or contracts with or administered through INDOT. Total wages and salaries (not including bonuses, profit share, company retirement contributions, or other unallowable forms of Indirect compensation) were submitted as $ 2,173,005 Direct and $ 1,656,797 Indirect, for a total of $ 3,828,802. The audited financial submission for this firm documents the separation ofdlrectand unallowable indirect vehicle operating cost, from allowable indirect vehicle operating costs. This firm may bill www.in.gov/dot/ An Equal Opportunity Employer