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Alaska Statutes.

Title 36. Public Contracts

Chapter 30. State Procurement Code

Section 220. Standard Overhead Rate.

AS 36.30.220. Standard Overhead Rate.

(a) An agency that provides services to another agency under a contract covered by this chapter shall establish a standard overhead rate. If an agency submits a proposal in response to a request for competitive sealed proposals, the agency must include its standard overhead rate within its proposal.

(b) In this section, "standard overhead rate" means a charge established for services and professional services from an agency that is designed to compensate the agency for administration and support services incidentally provided with the services contracted for.

Note to HTML Version:

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Last modified 9/3/2005