Baker Tilly Launches ICPro to Streamline Incurred Cost Proposal Preparation for Government Contractors

Just in time for government contractors preparing year-end incurred cost submissions, Baker Tilly introduces ICPro, first-of-its-kind application designed to simplify incurred cost proposal (ICP) preparation for Deltek Costpoint users. ICPro automates the ICP process, reducing time, effort and errors while automatically checking for Defense Contract Audit Agency (DCAA) adequacy criteria compliance.

“ICPro is a game-changer for government contractors,” said Derek Boyd, principal at Baker Tilly. “With an intuitive interface, built-in error-checking and data uploads tailor made for Deltek Costpoint users, ICPro makes incurred cost proposal preparation faster, easier and more accurate. This is what efficient ICP development looks like.”

Federal Acquisition Regulation (FAR) clause 52.216-7 requires government contractors with flexibly priced contracts to submit an ICP within six months of their fiscal year-end. ICPro streamlines this complex process by providing a guided, step-by-step workflow that eliminates the need to search through regulations or manually perform calculations. The platform ingests and processes client cost data from Deltek Costpoint, automates indirect rate calculations and generates a ready-to-submit Microsoft Excel workbook in the DCAA-required format.

ICPro’s advanced features include built-in explanations and best practices, real-time error checking, and role-based collaboration capabilities. The platform also ensures data security with FedRAMP-certified hosting, industry-standard encryption and multifactor authentication. Contractors can confidently develop and maintain their ICPs with minimal manual effort, reducing the risk of errors and costly resubmissions.

Learn more about Baker Tilly’s ICPro and other government contractor solutions at bakertilly.com/products/icpro-incurred-cost-proposals-just-got-easier.

About Baker Tilly (bakertilly.com)

Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers – New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms.

Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are independent members of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 143 territories, with 43,500 professionals and a combined worldwide revenue of $5.62 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Instagram.

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