INNOVATIVE COSTING SOLUTIONS LLC
TALLAHASSEE, FLORIDA

Innovative Costing Solutions, LLC (ICS) is a Women’s Owned Minority Firm established in 2001 with the specialization of serving various government units and non-profit organizations. Registered on SAM and Pro-Net as a small business and having a DUNS number of 11-1428566, ICS leverages its staff's collective expertise to assist in grants management by delivering comprehensive knowledge of federal and state grant administration processes. Over the years, ICS has developed significant proficiency in financial management relating to grants, fostering close collaborations with key governmental departments like OMB, Health and Human Services, Labor, Education, Agriculture, Justice, and Housing and Urban Development. ICS was co-founded by Ted, a seasoned expert in federal costing methodologies, who now serves as the company's President. He oversees projects ensuring timely and high-quality outcomes compliant with federal standards while providing strategic guidance to project staff and negotiating with federal agencies. Alongside him is Jenny, a Senior Partner whose over two decades of experience focus on cost allocation plans and management of financial aspects of federal grants. ICS offers specialized services such as generating and evaluating cost allocation plans, indirect cost rates, executing cost studies, and developing user fee rates for state and local governments in alignment with federal requirements. Additionally, one of the senior associates at ICS assists higher education institutions, healthcare facilities, government bodies, and nonprofits by providing expertise on federal cost principles and grant administrative requirements. The company maintains its registered office in Tallahassee, Florida, and can be contacted via their diverse lines and website: innovativecostingsolutions.com. Innovative Costing Solutions LLC is governed under the Company Type FLAL with a formal incorporation date of January 27, 2014.