The year is almost done. Do you know your FDOT reimbursement rate?
Knowing what your rate is for the year so far and projecting results for the remaining months of the year will allow you to:
Propose and bid more wisely
Adjust executive compensation
Estimating your FDOT reimbursement rate for the full year will help you make decisions based on whether you can be reimbursed under contracts. Overlooking opportunities to become fully reimbursable for costs or improperly allocating expenses could cost you reimbursements and profits.