How do I account for the cost share contribution of an oil company who is partnering with me on this project, supplying expert resources?
A. Projects with such industry-expert involvement are encouraged. However, it is important to note that for the corresponding cost to be actually incurred and allowable so that you can include it in your invoice to RPSEA, the oil (or other) company needs to be under subcontract to you, the companys contribution needs to be priced and accounted by the company in a manner consistent with CAS, and the cost that you pass through in your invoice to RPSEA needs to reflect an invoice submitted by the company to you for that contribution. Large companies who dont do government contracting as part of their main business are often not set up to meet these requirements, and therefore it may be more practical for the company to contribute on an advisory basis without charge, and to the extent that you (the contractor) cant internally cover your required cost-share component, to solicit such in cash from the company (perhaps for a reasonable consideration). Any contractual relationship in this rega
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