Show Me Your History

A couple of researchers from a local university formed a company last month after getting a $350 thousand cost-reimbursable SBIR (small-business innovative research) contract. They submitted some provisional billing rates based on forecasted costs as they had no historical data. DCAA comes in to review the rates, asked them to fill out this ICQ (Internal Control Questionnaire) since they were a new company and and then asked to see the actual rates for the last two years. Here's Your Sign.