Redstone Government Consulting Blog | Vlog

If you have cost reimbursable vouchers or progress payments based on costs you want to make sure you have established provisional billing rates. This short video discusses the importance of provisional billing rates.

In this short vlog one of our Redstone Subject Matter Experts provides you with insights into FAR Part 31 – the Cost Principles. John Shire explains what are they and when do they apply as well as why are they important. What contracts are subject to the Cost Principles. That you cannot apply these principles to only some of your contracts and not others. The impact to your accounting system to accommodate the cost principles.

Have questions regarding what travel costs are allowable? Do you think the travel regulations say you can never have first-class airfare be reimbursed? Or do you think the regulation says you’re restricted to a compact rental car? For the answer to these questions and more, check out our video on travel regulations and myths!

For most contractors, the Pre-Award Audit or Pre-Award Survey will be their first interaction with DCAA. These audits also signal the contractor is getting ready for cost-reimbursable type contracts. Join us as we talk about what to expect and how to get through these audits.

The DFARS requires contractors to maintain compliant systems for Material Management & Accounting System (MMAS). This video blog will help you understand the requirements of a compliant Material Management & Accounting System.

Have you made a change in accounting practice that would require a Cost Accounting Standard (CAS) Cost Impact? Watch our latest blog to help you understand the requirements and potential issues.

Our latest video blog provides important tips and strategies for contractors, both small and large, to ensure success throughout the contracting process.

A reminder of different contract vehicles and types and common terms in the business. A refresher for those in the industry or primer for those new to contracting.

Physical floorchecks appear to be a thing of the past, at least during this COVID-19 pandemic. Watch our video as we walk you through a scenario, as experienced by a Government Contractor, of a virtual floorcheck. We play out the roles and responsibilities of management, compliance and employees as it relates to floorchecks, from DCAA notification, to expectations, to a beautifully acted example of a virtual floorcheck gone RIGHT and a virtual floorcheck gone WRONG. We also lay out questions that may be asked during a floorcheck as well as tips to surviving a DCAA floorcheck that every contractor should consider.

Watch as Jamie M. Brabston and Linda Scalf face off in this episodes Bean Boozled Challenge. Who will be delighted with the yummy original and who will be dismayed with the yucky alternative?