International Women’s Day – March 8

Did you know that the 2019 United States Congress has the highest number of positions ever held by women? While we aren’t a direct Government entity here at Redstone GCI, we have extraordinary women working alongside Government contractors every day. From legal professionals to CPAs and expert consultants, all the way to our very own CEO, these amazing women have helped us become the renowned company we are today.

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Topics: Redstone GCI

Government “Forgive & Forget”—Not Likely Applicable to FAR 52.242-3 Penalties

A recent ASBCA decision (No 61583) confirms that Government benevolence does not extend to penalties associated with a contractor’s final indirect cost rate proposal (FICRP) which included expressly unallowable indirect costs. In one case, the issue was unallowable legal costs incurred as a result of the US Department of Justice (DOJ) investigation of the contractor, which was triggered by information suggesting that the contractor claimed indirect salaries for an individual whose services were as the housekeeper for the owners of the company and thus unallowable as costs allowable to Government contracts. 

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Topics: Small Business Compliance, Government Regulations

Do I Need to Register My Company with the DDTC under the ITAR?

Did you know that The International Traffic in Arms Regulations affects more than just exporters? You may need to register with the Directorate of Defense Trade Controls even if you do not export.

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Topics: Government Regulations, Export and Import

OFCCP Announces Changes to Corporate Scheduling Announcement Process

On February 22nd, the Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) announced that it will now post its Corporate Scheduling Announcement List (CSAL) in its Freedom of Information Act (FOIA) library instead of sending advanced notifications to individual establishments. The next CSAL is expected to be released in early to mid-March.

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Topics: Human Resources

NLRB Alters Stance on Independent Contractor Standard

With its January 25th decision in SuperShuttle DFW Inc., the National Labor Relations Board (NLRB) altered its stance on the independent contractor standard. In a 3-1 vote, the NLRB amended its previous decision in FedEx Home Delivery (2014), asserting that a worker’s classification under the National Labor Relations Act (NLRA) should depend largely on the traditional common-law standard rather than economic factors.

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Topics: Small Business Compliance, Human Resources

2018 EEO-1 Reporting Deadline Extended to May 31, 2019

The 2018 EEO-1 reporting deadline, originally set for March 31, 2019, has been extended to May 31, 2019 due to the recent government shutdown. The EEOC, which planned to open the 2018 EEO-1 filing website during the second or third week of January 2019, closed its offices during the shutdown, and is now expected to launch in March. As employers wait for the filing website to launch, they may want to proactively gather employment data from the fourth quarter of 2018 so they will be prepared to file their EEO-1 report in a timely manner.

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Topics: Small Business Compliance, Human Resources

Additional Unanet Services for Government Contractors

Unanet offers a streamlined platform which works for many small contractors and offers a host of benefits you should consider, including smooth integration and a single platform for most of your financial processes. For all of our current Unanet users and potential Unanet users; the Unanet Practice Group would like to give you a quick view of additional products available within Unanet:

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Topics: Compliant Accounting Infrastructure, Unanet

Provisional Billing Rates – Part II

You now understand a little bit more about provisional billing rates from our first of this two-part series. In this second part of our coverage of provisional billing rates, we delve a little deeper into the purpose behind provisional billing rates as well as how to prepare them and the differences between provisional billing rates and proposal bid rates. Knowing these details will enable you to prepare an accurate DCAA submission.

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Topics: Cost-Type Contracts, DCAA Audit Support, Accounting & Billing System

Provisional Billing Rates – Part I

For our 12/31 year-end contractors, this is a busy time of year.  Year-end books are ending and 2019 budgets are being formed.  This is also the time of year for submitting provisional billing rates or PBRs for contractors that have cost reimbursable type contracts such as cost-type and time and material contracts. 

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Topics: Cost-Type Contracts, DCAA Audit Support, Accounting & Billing System

Unanet Year End Considerations Checklist

Looking forward to closing 2018? It can be a daunting task, even when you have a trained team and an armload of checklists. To ensure you are fully prepared to tackle each of the processes you encounter at the end of the year and to start the new year right, we at Redstone GCI wanted to provide a check-list and some links to the Unanet Knowledge Center to help you through the Year-End Process:

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Topics: Compliant Accounting Infrastructure, Unanet