If you work in the Government acquisition world, this podcast is for you. (not just for Contracting Officers!)

Kevin and Paul return to their conversation about different types of rates in the Government acquisition and contracting world.  Episode 183 began the discussion with Provisional Billing Rates.  Today’s topic is Forward Pricing Rates.

Learn the differences between a Forward Pricing Rate Proposal (FPRP), Forward Pricing Rate Recommendation (FPRR), and Forward Pricing Rate Agreement (FRPA). You’ll also gain a better understanding of why rates are a moving target and why both Government and Industry benefit from the accurate estimation of future rates.