Redstone Government Consulting Blog (23)

What is the Incurred Cost Submission? What is Schedule O? What are the Supplemental A Schedules? This VLOG will briefly explain the Incurred Cost Submission, how to complete Schedules O and the Supplemental A Schedules, and the importance of those schedules.

This article is under review as a result of EO 14173, Ending Illegal Discrimination and Restoring Merit-Based Opportunity, signed by President Trump on January 21, 2025. As we await further information from OFCCP and the courts, please reference this article for current status and action items.

The Office of Federal Contractor Compliance Programs (OFCCP) issued the FY 2023 Corporate Scheduling Announcement List, commonly referred to as a CSAL on January 20, 2023. This list includes 500 supply & service contractors selected for an Establishment Review, Corporate Management Compliance Evaluation (CMCE), or Functional Affirmative Action Program (FAAP) review. These reviews help determine whether a covered contractor maintains records consistent with their obligations under OFCCP’s laws, has correctly certified in the GSA’s System for Award Management database and has established Affirmative Action Programs (AAP) at each establishment.

DoD issued a DFARS Final Rule on Treatment of Incurred Independent Research and Development Costs (DFARS Case 2017-D019). The rule is effective January 31, 2023.

On January 5, 2023, the Federal Trade Commission (FTC) voted 3-1 on proposed regulations that, if upheld, would ban employers from imposing non-competition agreements on their employees. Relying on Section 5 of the FTC Act, the FTC concluded that “non-compete clauses reduce competition in labor markets, suppressing earnings and opportunity even for workers who are not directly subject to a non-compete.” Commissioner Wilson dissented, stating that the FTC lacks the authority to engage in rulemaking, particularly with consequences of this significance. 

As inflation continues to rise, you are likely wondering what the General Services Administration (GSA) guidance to contractors will impact you. The issue of inflation has many companies looking for answers, and although GSA has taken steps to address inflation, there is still a lot to be discussed. In this article, we will look at what types of relief and guidance GSA is providing.

We understand this revelation (so to speak) is likely too late for many contractors that have already established final indirect rates for the year of PPP forgiveness; however, any direct costs adjusted for loan forgiveness still remain open until closeout of the contract.

So, you have Federal Acquisition Regulation (FAR) based government contracts. Submitting a proposal for a grant should be similar, after all government regulations are government regulations – Right? Not really.

This article is under review as a result of EO 14173, Ending Illegal Discrimination and Restoring Merit-Based Opportunity, signed by President Trump on January 21, 2025. As we await further information from OFCCP and the courts, please reference this article for current status and action items.

In this uber competitive labor market, it is more crucial than ever to be creative with compensation and benefits. Compensation programs and retention strategies have expanded beyond base compensation and bonus to include all methods in which employees are rewarded and incentivized. As a Federal Government Contractor, it is especially important to understand the FAR requirements which may impact compensation decisions and to document all processes and procedures related to your compensation program.

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An interview with Lynn Ryan, Project Manager at Broadway Ventures LLC.

“Create value by providing mission-critical services and solutions for government and commercial customers by improving service quality and cost,” is Broadway Ventures mission that has given them direction that enabled them to grow into a $7 million revenue company. Headquartered in Amite, Louisiana, Broadway Ventures is a professional service contractor that delivers administrative, cybersecurity and consulting solutions. Broadway Ventures is also 8a, HUBZone, and SDVOSB certified small business, which has helped them become established contractors with The Department of Defense and Department of Health and Human Services.

In a saga which conjures up the phrase: “It ain’t over till it’s over” (quotation attributed to the late, great Yogi Berra), the US Court of Appeals for the Federal Circuit (Case 21-2304) in a decision dated 01-3-2023, reversed an ASBCA Decision (60091, et al), the latter having found Raytheon’s policies for tracking potentially unallowable Lobbying and Organization costs to be reasonable, thus allowable.