Terminology

The Many Names of the Incurred Cost Submission

ICP, ICS, ICE, FICRP — multiple acronyms, one annual filing. Learn what each term means, where it comes from, and why they all describe the same FAR 52.216-7 deliverable.

The annual filing required under FAR 52.216-7 goes by at least four different names depending on who is writing the email. Contracting officers, DCAA auditors, consultants, and accounting professionals each have a preferred label — ICP, ICS, ICE, or FICRP — and they all refer to the same six-month-after-fiscal-year-end deliverable. Knowing which term shows up where (and what each one actually emphasizes) keeps you from second-guessing whether you owe a different submission.

ICP — Incurred Cost Proposal

A DCAA-derived term that does not appear in the FAR itself, but is used extensively throughout the DCAA Contract Audit Manual (Chapter 6), the standard Incurred Cost Audit Program, and the ICE Model. Most contractor and consultant deliverables use 'ICP' as the working shorthand.

ICS — Incurred Cost Submission

DCAA's label for the package itself — the official Incurred Cost Submission Adequacy Checklist is named after it. Inside that checklist and the CAM, DCAA uses 'incurred cost proposal' interchangeably to describe the same deliverable.

ICE — Incurred Cost Electronically

Refers to the electronic filing format, almost always the completed DCAA ICE Model Excel workbook transmitted by email or agency portal. ICE describes how the package is delivered, not a different package.

FICRP — Final Indirect Cost Rate Proposal

The exact phrase used in FAR 52.216-7(d)(2)(i), which requires submission of an adequate final indirect cost rate proposal within six months after fiscal year-end. Also referenced in FAR 42.709 (penalties for expressly unallowable costs) and ACO rate-agreement letters. This is the regulatory anchor every other label points back to.

The interactive guide below walks through every term side by side, the regulatory and DCAA citations behind each one, and the single annual mechanism they all describe — so you never have to wonder which 'submission' is actually due.