Schedule I - Schedule of Cumulative Direct and Indirect Costs Claimed and Billed

From Knowledge base

Requirements

  1. Schedule must include the total costs of the prior years previously settled
  2. Schedule must include the total cost of the amounts claimed but not yet settled (current submission)
  3. Schedule must include costs that pertain to contract limitations
  4. The total of item 1 and item 2 above less item 3 equals the net cumulative settled/claimed
  5. Schedule must include total cumulative billings to date

Schedule must include an amount equal to item 4 less item 5 to arrive at the over or (under) billings