RCGI-New DCMA CPSR Guidebook Released May 2018

A new DCMA CPSR Guidebook has been released effective May 29, 2018 and can be found here:  http://www.dcma.mil/Portals/31/Documents/CPSR/CPSR_Guidebook_052918.pdf The Redstone team will be conducting a more comprehensive review of the guidebook, but we want to share our initial thoughts with readers.

What DID Change

From first inspection, it appears that there were a few little updates to Parts 1-4 as well as some minor changes to the appendices portion of the Guidebook.  Changes within Parts 1-4 consisted primarily of updated references to the new appendix added for Subcontractor and Vendor Closeout (Appendix 27). 

Truth in Negotiations Act (TINA)

Surprisingly, no updates were made to Appendix 2 Truth in Negotiations Act (TINA) or to any of the other TINA references throughout the Guidebook.  We would expect a subsequent update for the new threshold changes (TINA, et al.), which should be made to the FAR within the next few weeks if the FAR Council follows the guidance from the 2018 NDAA.   

We Finally See Documentation Revisions

Appendix 16 Documentation included some minimal changes from the last overhaul in March of 2018, which were primarily focused on updating/adding references.  Consistency in documentation requests has continually been a challenge when dealing with CPSR audit teams, so this appears to be a welcome push for consistency on what is “required” for a CPSR audit.

Reach Out to Us with CPSR Guidebook Questions

If you have any questions or notice any other changes we’d love to hear from you.  Likewise, if you’re struggling to prepare for a CPSR or just wondering when it applies and where to start we’re here for you.  We assist contractors all over the world with preparation, mock audit and general strategy when working with DCMA CPSR teams.

 

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Written by Asa Gilliland

Asa Gilliland Asa is a Managing Consultant with Redstone Government Consulting, Inc. and provides contract compliance services to small and large companies contracting with the U.S. Government. Asa has assisted contractors all over the U.S., as well as worked with clients in Europe, Australia and the Middle East and specializes in DCAA audit compliance and accounting information systems. He frequently serves as a compliance resource to 8(a), HUBZone, SDVOSB, tribally-owned and other small business designation clients and has served as the technical lead in proposal cost-volume preparation, responses to DCAA audit issues and crafting of corrective action plans in response to government issues, and development of complex cost accounting structures. Asa also serves as the compliance lead and project manager for Deltek Costpoint™ and GCS™, where he provides critical oversight and management to ensure that Costpoint services provided to our government contractor clients are conducted in a manner to ensure compliance with relevant regulation. His role as a compliance project manager has also included the technical design lead for the implementation of other accounting systems designed from the ground up to provide compliance with all relevant aspects of the DCAA pre and post-award accounting system audits. Education Mr. Gilliland has a Master of Business Administration from the University of Alabama-Huntsville along with a BSBA in Accounting from the University of Alabama-Huntsville.

About Redstone GCI

Redstone Government Consultants are a team of the most senior industry veterans and the brightest new talent in the industry. Many have held senior government positions including leadership roles in the DCAA. Our new talents bring significant accounting and software experience along with fresh perspectives, inspiration and energy to our team. Through our leadership and combined experience, we provide a unique perspective, bringing both government and contractor proficiencies to bear and ensuring rock-solid government compliance for our clients.

Topics: Contractor Purchasing System Review (CPSR), Contracts Administration, Defense Contractors