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Calvin, Giordano & Associates, Inc.
<br />Notes to the Statement of Direct Labor, Fringe
<br />Benefits and General Overhead
<br />December 31, 2017
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<br />Note H – Direct Expense Rate
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<br />The Company’s direct expense rate was based on the direct costs accumulated in the job costs and
<br />recorded by the following accounts in the general ledger:
<br />Allowed Actual Actual
<br />Direct Expenses Amount Disallowed Amount Home Field
<br />Equipment Rental 16,238$ 16,238.28$ 2,668.01$ 13,570.27$
<br />Miscellaneous 38,721$ 38,720.97$ 36,550.97$ 2,170.00$
<br />Permits 3,617,051$ (3,617,051)$ (a)-$
<br />Postage / Delivery 7,662$ 7,662.00$ 7,662.00$
<br />Printing and Reproduction 2,176$ 2,176.00$ 2,176.00$
<br />Rent & Utilities 175,492$ (127,531)$ (b) 47,960.63$ 47,960.14$
<br />Repairs & Maint 6,361$ 6,360.60$ 6,360.60$
<br />Supplies 99,106$ 99,105.52$ 91,470.17$ 7,635.35$
<br />Subcontractors 2,524,769$ (2,524,769)$ (c)-$
<br />Travel & Meals per diem 49,419$ 49,418.52$ 48,305.87$ 1,112.65$
<br />Vehicles 353,910$ (51,612)$ (d) 302,297.93$ 208,689.51$ 93,608.42$
<br />Total Direct Costs 6,890,904$ (6,320,963)$ 569,940$ 451,843$ 118,097$
<br />Direct Labor 10,181,050$ 1,565,808$
<br />Direct Expense Rate 4.44% 7.54%
<br />(a) Disallowance as per FDOT recommendation - Permits
<br />(b) Disallowance as per FDOT recommendation 4/13/07 - Rent and utilities field offices
<br />(c) Disallowance as per FDOT- Subcontractors
<br />(d) Disallowance in accordance with FAR 31.205-6 (m) (2) - Personal use of company automobiles
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<br />No costs used to calculate the direct expense rate exceeded the $150 per night limitation, per
<br />Chapter 2017-62, Laws of Florida, no permit costs are included in the direct expense rate
<br />calculation, and the travel related costs are in compliance with Florida Statute 112.061.
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