This contract provides Fauquier County Government and its School Board with professional cost accounting services, including the development of Cost Allocation Plans and Indirect Cost Proposals, as well as ongoing support for audits and negotiations. The work is performed under a firm‑fixed‑price arrangement, with a base price of $6,000 per year (first year $5,800) and optional one‑year extensions that have all been exercised, extending the agreement through December 2026. The vendor, Maximus US Services, Inc., must maintain extensive insurance coverage, adhere to net‑30 payment terms, and comply with indemnification and liability limits specified in the contract.
• Scope: Cost Allocation Plan development, Indirect Cost Rate Proposal preparation, audit assistance, and related consulting.
• Pricing: Fixed‑price $6,000 annually (total potential value ≈ $30 K over five years).
• Term: One‑year base period with four optional one‑year renewals, all exercised; contract now runs to 8 Dec 2026.