The hourly rates include all the overhead and benefits. A 3-4x rate is common and aligns with costs in the private sector. An electronics lab employee is going to have a much higher overhead rate if they work in something like a clean room or with expensive equipment their rates can be in the 5-8x range.
Government accounting is all weird. Sometimes they’ll assign a percentage to a part. They then take then total including development cost and distribute on percentage.
So a toilet may show up as 10k but really they paid 50 dollars for it. It’s just how it’s done in accounting.
The hourly rates include all the overhead and benefits. A 3-4x rate is common and aligns with costs in the private sector. An electronics lab employee is going to have a much higher overhead rate if they work in something like a clean room or with expensive equipment their rates can be in the 5-8x range.
As the guy in question said, “it’s the same exact thing we do for Amazon but 6 times the price”
No clean room or special equipment as they’re buying labor, not electronics
Government accounting is all weird. Sometimes they’ll assign a percentage to a part. They then take then total including development cost and distribute on percentage. So a toilet may show up as 10k but really they paid 50 dollars for it. It’s just how it’s done in accounting.