As we wrap up another hectic year of working with contractors to prepare, review and submit their Incurred Cost Proposals, it had us questioning…“Why do so many contractors wait until the last minute of their deadline to submit? Is there an advantage to submitting at the last minute or is submitting at the last minute actually a disadvantage?”
Topics: Incurred Cost Proposal Submission (ICP/ICE), Contracts & Subcontracts Administration, Federal Acquisition Regulation (FAR)
A Government Property Management System Analysis (PMSA) can be a contractor’s first experience with Defense Contract Management Agency (DCMA). This video and article explain what to expect for a Government contractor’s initial PMSA – commonly known as a Government property audit. Join Jonas Clem as he discusses the essential aspects of a contractor’s first PMSA.
Topics: Government Property Management, Vlog
On August 17, 2020; Acting Principal Director for Defense Pricing and Contracting issued two memos providing guidance in support of DFARS Class Deviation 2020-O0013 and 2020-O0021 – CARES Act Section 3610 Implementation. There is also a memo providing contracting officers with a template for a Memorandum for Record to document the file for the issuance of the Section 3610 related contract modification.
Topics: Compliant Accounting Infrastructure, Contracts & Subcontracts Administration, DCAA Audit Support, Defense Procurement & Acquisition Policy (DPAP), Cost Accounting Standards (CAS), COVID-19
A few months back we submitted a request to DCAA under Freedom of Information Act. Based on the DPC guidance referencing both DCAA and DCMA as playing a key role in support of the rest of the DoD Acquisition Community, we expected DCAA would have a significant number of documents disclosing this key role. Turns out, not so much. All we got was a single document listing 13 frequently asked questions (FAQs) DCAA has been fielding from their auditors, dated July 31, 2020.
Topics: Proposal Cost Volume Development & Pricing, Contracts & Subcontracts Administration, DCAA Audit Support, Defense Procurement & Acquisition Policy (DPAP), Cost Accounting Standards (CAS), COVID-19
Topics: Compliant Accounting Infrastructure, Proposal Cost Volume Development & Pricing, DFARS Business Systems, DCAA Audit Support, Cost Accounting Standards (CAS), Federal Acquisition Regulation (FAR)
In previous blogs, we have recommended preparing a CAS Disclosure Statement (DS) soon after emerging from small business status. We also recommended reviewing your cost accounting practices prior to preparing a Disclosure Statement to prevent having to change afterwards and ending up requiring a cost impact statement. So, by now you are probably wondering what this mythical beast is and what is the big deal about preparing it.
Topics: Compliant Accounting Infrastructure, Cost Accounting Standards (CAS)
Our Commercial Item Expert, Lynne Nalley, discusses and clarifies common questions and issues associated with commercial items and Commercial Item Determinations (CID).
Topics: Contractor Purchasing System Review (CPSR), Vlog, Commercial Item Determination
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.
If your company is subject to EEO-1 reporting or if you’re a contractor, Self ID forms are old news but as OMB has approved a new Voluntary Self-ID of Disability form, now is a good time for a refresher.
Topics: Human Resources, Office of Federal Contract Compliance Programs
Watch as Kimberly Basden and Veronica Hughes 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?
Topics: Redstone GCI, Vlog
