Indirect Cost Series: Part One – What Are Indirect Costs?

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This is part one of a five-part series on indirect costs.

When contractors are accounting for contracts, it’s easy to account for the typical project costs that come from an invoice for tangible materials delivered to a site. However, other costs, known as indirect costs, are often forgotten in the planning and budgeting process. In a five-part series, we will explore the reasons why indirect costs are just as important, not only for a job’s success, but also for your company’s overall success.

In this initial article, we will delve into the definition of indirect costs and how they contribute to your …read more

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