Redstone Team

Recent Posts

The Changing Contract Audit Landscape

DCAA’s Auditing More than ICS & Proposals?

Over the last few years, we have often written on the changing landscape of contractor business system audits.  Specifically, the fact that the DCAA has invested considerable resources into the audit of incurred cost proposals and proposals for most of the past decade, which has led to an inability to routinely audit contractor business systems, conduct routine post-award (TINA) defective pricing audits and other audits that should be a routine part of doing business with the government in a flexibly-priced environment.  The change in audit focus has been apparent since the end of 2018, but we are just now starting to see the true impact of the Agency’s adaptation to an audit world without a large volume of incurred cost audits. 

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Topics: DFARS Business Systems, DCAA Audit Support

Mergers & Acquisitions

Discover the critical aspects of mergers and acquisitions, especially for government contractors, in our latest video and article. From major milestones to essential considerations, such as FAR 31.205-27 and DFARS 231.205-70 guidelines, we've got you covered. Watch now to learn more!

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Topics: Government Regulations, Vlog, Federal Acquisition Regulation (FAR)

Chip Challenge

Every month our team’s charity committee comes up with clever ideas centered around a truly important part of our organization: giving back to the community.

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Topics: Redstone GCI, Vlog

The Perils of Cost Accounting Practice Changes

Previously, we discussed how a company ends up with CAS covered contracts.  This month we are going to talk about some of the further fun with CAS.  We recommended preparing a CAS Disclosure Statement soon after emerging from small business status,

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Topics: Compliant Accounting Infrastructure, Cost Accounting Standards (CAS)

Novations in Government Contracting

Is your company in a situation, performing as a prime contractor on government contracts, but needing to sell the business? Or is there a material change in your business causing a transfer of assets to another business? In the commercial world of contracts and business operations, the assignment of contracts primarily operates under the Uniform Commercial Code (the “UCC”) and assignments occur frequently due to the ever-changing business landscape. However, this process does not exist in government contracting and novation may be the route for your organization. Assignment and novation of contracts have different consequences for the parties involved; however, for purposes of this article, we will specifically address novation within the context of contracting with the U.S. Government.

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Topics: Contracts & Subcontracts Administration

Successfully Navigate Estimating System Audits for Government Contractors

With a renewed focus on DCAA Estimating System Audits, we share some advice on successfully navigating the process.

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Topics: DFARS Business Systems, DCAA Audit Support, Estimating System Compliance

I Work Alone

Redstone team members take a comical look at remote working in this parody of “I Drink Alone.”

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Topics: Redstone GCI, Vlog

DCAA Audits Won’t Stop During Coronavirus Restrictions

For those of you who may have thought there could be a silver lining to coronavirus restrictions from reduced audit effort, think again! Actual postponement of audits will be rare.

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Topics: DCAA Audit Support, COVID-19

Charity Chomp

Showing both a philanthropical and adventurous side, Redstone GCI Senior HR Consultant Linda Scalf and Senior Managing Consultant Jonas Clem slurped, licked, smelled, bit, and tasted a variety of foods in this lighthearted competition.

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Topics: Redstone GCI, Vlog

Dish or Dish

Courtney and Asa go to extreme lengths to avoid answering hard and uncomfortable questions on this month's Dish or Dish.

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Topics: Redstone GCI, Vlog