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  2. The DCAA ICE Model is the recommended version of preparing and submitting incurred cost proposals to the Defense Contract Audit Agency (DCAA). The ICE model, which is provided by the DCAA, is not required, but it helps to ensure that the contractor is able to comply with the Federal Acquisition Regulation (FAR) guidelines.
    www.diener.org/what-is-the-dcaa-ice-model/
    ICE (INCURRED COST ELECTRONICALLY) MODEL The ICE Model, which is the electronic version of the "Model Incurred Cost Proposal" provides contractors with a standard, user-friendly ICE submission package for preparing adequate incurred cost proposals in accordance with FAR 52.216-7, "Allowable Cost and Payment" (see note 1 below).
    www.dcaa.mil/Checklists-Tools/ICE-Model/
    Submitting an Incurred Cost You can submit your ICPs using the DCAA ICE model. This should take place approximately six months after each fiscal year ends, although extensions are possible in certain situations. It is important to properly submit your incurred costs to avoid penalties given by the DCAA for failing to submit your ICP on time.
    www.diener.org/gov-contract/accounting/ice/
    Best practice includes use of the DCAA’s Incurred Cost Electronically (ICE) Model (or similar format) containing all required schedules: Schedule A-F for Indirect Cost Pools, G-K for Contract Costs, L-O for Other Contract Information. Note: Contractors can review the same checklists used by DCAA auditors to assess adequacy.
    www.bdo.com/insights/industries/government-contr…
     
  3. People also ask
    What is the incurred costs electronically (ice) model?The Incurred Costs Electronically (ICE) model is a relatively new incurred cost proposal (ICP) method recommended by the Defense Contract Audit Agency (DCAA). Due to its complex nature, it can be confusing to many government contractors and potentially less experienced accountants.
    What is the ice model?The ICE Model, which is the electronic version of the "Model Incurred Cost Proposal" provides contractors with a standard, user-friendly ICE submission package for preparing adequate incurred cost proposals in accordance with FAR 52.216-7, "Allowable Cost and Payment" (see note 1 below).
    What are incurred cost electronic submissions?Incurred cost electronic submissions are compilations of various schedules of your costs, presented in a specific way, submitted to the DCAA for their review and audit. The submitted ICE model is a true up of your actual indirect costs incurred over the prior fiscal year to what was provisionally billed. Why are incurred cost submissions important?
    Do I need an ICE submission?ICE submissions are required if any of your contracts are subject to FAR 52.216-7 “Allowable Cost and Payment.” This typically includes most if not all cost reimbursable contracts and some time & materials contracts. When do I have to complete an incurred cost submission?
     
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  8. DCAA ICE Model - Diener & Associates

    WEBSubmitting an Incurred Cost. You can submit your ICPs using the DCAA ICE model. This should take place approximately six months after each fiscal year ends, although extensions are possible in certain situations. It …

  9. Preparing a DCAA Incurred Cost Submission - Deltek

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