Difference between revisions of "Escalation and Economic Indexes"

Revision as of 11:21, 22 October 2013

Escalation

Economic Indexes

DCAA uses Economic Indexes in Contract Audits. DCAA considers both inflation (cost of living) as well as the effects of other general economic changes. That information is can only be obtained via DCAA's Intranet, which means it is unavailable to the general public. The location of the "internal " information is DCAAP 7641.74, Use of Economic Indexes in Contract Audits.

If labor rates are to be adjusted to account for inflation alone, the Consumer Price Index, Urban Wage Earners and Clerical Workers (CPIW) should be used.^[1]

Global Insight

http://www.ihs.com/products/global-insight/country-analysis/us-industry-economic-forecasts.aspx

Bureau of Labor Statistics

Escalation Guide to Contracting Parties http://www.bls.gov/ppi/ppiescalation.htm

File:Bureau of Labor Statistics.jpg

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References and Notes

1. ↑ DCAA Contract Audit Manual, Appendix E, July 11, 2013, E25 (E-207)