Common Deltek Costpoint Questions and Complaints (Part 2)

Heather Stroud is a Senior Consultant in Redstone Government Consulting's Deltek Costpoint group. She primarily works in the Accounting, Projects, and Planning modules for Deltek Costpoint. The Costpoint Group works with our clients to implement Deltek Costpoint, create customized training, and assist with day-to-day processing. This two-part video and article discuss some common Deltek Costpoint questions and complaints we hear from our clients.

Did you miss Part 1? You can view it here

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Topics: Vlog, Deltek Costpoint

A Thanksgiving Message from our Family at Redstone 2021


Well, here we are again – at the end of another year. And while we are busy here at RGCI helping clients with everything from closing out 2021 books to budgeting for 2022, we pause to look back and give thanks for another year. At RGCI, we have had more babies born this year, more of our kids graduate high school or college, and more weddings. We have enjoyed these moments with our clients also. Yes, you talk to someone 1-2 times a week, and you get to know them very fast. We are so thankful for all we have been blessed with in 2021.

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Topics: Redstone GCI

The What, How and When of the Material Management and Accounting System (MMAS)

Defense Federal Acquisition Regulations Supplement (DFARS) Business Systems have come into focus as DCAA and DCMA increase their audits of these business systems. This blog will help to provide the specific requirements of the Material Management Accounting System (MMAS) and the difference in MMAS and other business system reviews.

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Topics: DFARS Business Systems, Material Management and Accounting System (MMAS)

Defective Pricing Audits? Time to Check that Your Procedures are in Order

DCAA has caught up on their incurred cost backlog and is concentrating effort on Truth in Negotiations Audits (i.e., Defective Pricing). The objective of the Truth in Negotiations audit is to determine whether a negotiated contract price was increased by a significant amount because a contractor did not submit or disclose current, accurate or complete cost or pricing data.

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Topics: Proposal Cost Volume Development & Pricing, DFARS Business Systems, DCAA Audit Support, Government Regulations, Federal Acquisition Regulation (FAR)

Department of Health & Human Services Proposes Transition to New Payment Platform

On October 4, 2021, the Department of Health and Human Services (HHS) proposed an amendment to its Federal Acquisition Regulation (FAR) Supplement to support the HHS Electronic Invoicing Implementation Project and HHS’s transition to the Department of the Treasury’s Invoice Processing Platform. This rule would add HHS Acquisition Regulation (HHSAR) Subpart 332.70 (which is comprised of HHSAR 332.7000 through 332.7003) Electronic Submission and Processing of Payment Requests to provide policies and procedures for these requests.

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Topics: Compliant Accounting Infrastructure, Government Regulations, Federal Acquisition Regulation (FAR)

Common Deltek Costpoint Questions and Complaints (Part 1)

Heather Stroud is a Senior Consultant in the Deltek Costpoint group at Redstone Government Consulting. She primarily works in the Accounting, Projects, and Planning modules. Redstone GCI's Costpoint Group works with our clients to implement Deltek Costpoint, create customized training, and assist with day-to-day processing. This two-part video and article discuss some common Deltek Costpoint questions and complaints we hear from our clients.

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Topics: Vlog, Deltek Costpoint

Deltek Costpoint Chat - October 28, 2021

The Redstone GCI Costpoint group recently attended a Deltek partner meeting to learn more about the changes coming in the latest 8.1 version release. A highly requested feature from our client base, this update contains real time integration of data between Costpoint and Time & Expense. The system will no longer need to pass data back and forth for UDTs (User Defined Tables) 1-11, which include the major master data of Account, Project, PLC, Pay Type, and Organization.

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Topics: Deltek Costpoint

A Spooky Story for Government Contractors – Know Your Contract Clauses

Wage Determination Clauses Can Bite You

What is the spookiest and scariest story for a government contractor? How about a story where the government imposes an expense on a contractor, but doesn’t allow for consideration of this expense in the contract value? So, in layman’s terms, losing money (profit) on government contracts. In a recent ASBCA decision, this is exactly what happened.

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Topics: Contracts & Subcontracts Administration, Government Regulations, Federal Acquisition Regulation (FAR)

HR Huddle - October 28, 2021

Overview

  • The deadline of December 8, 2021 requiring Federal contractor employees to be fully vaccinated against COVID-19 is quickly approaching.
  • The proposed OSHA vaccine mandate for private employers is NOT YET in effect.
  • The EEOC recently updated their Technical Assistance Questions and Answers that address questions about religious objections to employer COVID-19 vaccine requirements and how they interact with federal equal employment opportunity (EEO) laws.
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Topics: HR Huddle

ASBCA No. 61709 – A Cautionary Tale for Subcontractors with Government Property

On June 24, 2021, the Armed Services Board of Contract Appeals (ASBCA) opinioned that Intellicheck, Inc., a subcontractor, did not have privity of contract or even an implied-in-fact contract with the Government to allow for the recovery of costs incurred by Intellicheck, Inc. to maintain and store Government property after the completion of a Task Order for the Navy. A tale as old as time, the Government lets years go by before taking action to dispose of its property being held by a subcontractor. Then finds a legal out for not paying the costs the Government caused to be incurred.

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Topics: DFARS Business Systems, Government Regulations, Government Property Management