Laserfiche WebLink
Attachment A- FYI NAI OH Audit Report <br />Norflr American Infrastructure <br />A Ito ]10.1; fait uf.Tltcnhc Engincerinl; GraRp tnc. <br />Notes fn Stntements of Fringe Bencft Expense <br />and General & Aclntinistratfl•e Expense <br />1'nl• the Fiscal Fear Ended October 2, 21115 <br />I.xcess CBmpensatinn (continued) <br />ConlpaWs compensation -was reasonabic with f is exception of 111c aforementioned disallowances. 'Ilse <br />remaining balance of 53.060 rellects other unallowable activities and was disltllowed in accordance with <br />FAR 31.20 -27. In addition. an excess compensation disallowance ol'S 1.7-44.010 is reflected as a part ortlle <br />I01a1 Coll-iorale Ailocation 5457.000 benchmark disallowmice in accordance wilh FAR 31.205-G. <br />5. fringe Benefits <br />The Parent Company calculates a Compnny-wide fringe benelit rate that is applied to its LIS business units <br />and wholly-owned subsidiaries. Fringe benelit costs include an adjnstlnenl ortlle indirect binge benelit <br />expense recorded in the general ledger at the standard frink-c rate of34.2aa to the FY 3015 actual fringe rale <br />ol'�G.6{14u. <br />G. Restricted Stock and Pension Plan <br />The Parent company mainlains a restricted stock plan as part of compensation in accordance;vilh FAR <br />31.'_0;-G. The Company's sllnre of the restricted stock plan incladed in [lie G&A pool is SL041.425. In <br />addition, the Company provides. flor certain enrplm ccs from ,1 previously -acquired colllpam. a defined <br />benefit pension plan 111,11 tncols the requirements of FAR 31.205-6(j). The Company's share of 111e pension <br />plan incladed in the G&A Pool is 53.312.089. <br />7. Travel S BIIShICSS IIIc,115 <br />Based on ,1 review of (ravel and related costs. SE43.649 was disallowed in accordance with FAR 31.205-46. <br />S. Employee Training & Dues <br />The adjustment ot'S498.001 represents dues that arc untllto;;•ahlc in accordancc;vrth FAR 31.205-14. <br />9. Recruiting I1nd Itelocation Expenses <br />The reincatinn adjustment 01'S349.399 represents enlplm•ee relocatinn expenses that are considered <br />unal[owahle in accordance Willi FAR 31.20 -35, <br />111. Vehicle Expenses <br />13ascd on a review of vehicle expenses. S1 18.220 was disallewed in accordance with 31.2M-46 and 31.201- <br />2(d1. <br />THIS DOCUMENT CONTAINS CONFIDENTIAL AND PROPRIETARY INFORMATION THAT HAS COMMERCIAL ANDIOR FINANCIAL VALUC. <br />SUCH INFORMATION HAS NOT BEEW PUBLICLY DISCLOSED AND IS EXEMPT FROM DISCLOSURE UNDER THE FREEDOM OF <br />INFORIJATIDN ACT AND ALL OTHER SIMILAR LEGISLATION, JACOBS ENGINEERING GROUP INC. REQUESTS W.RrTTEN NOTICE 6EFORE <br />ANY PUBLIC DISCLOSURE IS MADE. <br />10 of '15 <br />