Organizational Conflicts of Interest (OCI) play a key role in a government contractor’s ability to compete for work. In accordance with Federal Acquisition Regulation 9.504, contracting officers are responsible for evaluating OCI as early in the acquisition process as possible in an effort to avoid or mitigate conflicts that may otherwise be present in the acquisition.
Ever wonder how to get your questions answered at a post-award debriefing? It can be frustrating to get the information you really want to know from the Government. When I worked as an acquisition attorney with the Government, I spent many hours with my evaluation teams preparing for post-award debriefings. I always set time aside to go through a mock debriefing and discuss what information to disclose and what type of questions to table.
As we noted in our last blog, DCMA has issued another updated CPSR Guidebook, dated May 29, 2018. DCMA issued two updates in 2017 and have already issued 2 updates in 2018. This leads us to question: Will there be more? And our intuition leads us to answer: More than likely!
Topics: Contracts & Subcontracts Administration, Contractor Purchasing System Review (CPSR)
A new DCMA CPSR Guidebook has been released effective May 29, 2018 and can be found here: http://www.dcma.mil/Portals/31/Documents/CPSR/CPSR_Guidebook_052918.pdf The Redstone team will be conducting a more comprehensive review of the guidebook, but we want to share our initial thoughts with readers.
Topics: Contracts & Subcontracts Administration, Contractor Purchasing System Review (CPSR)
The incurred cost submission is required for all federal contractors holding cost-type or time and materials (T&M) contracts and is a universal requirement regardless of agency customer. All contracts requiring the incurred cost submission will include the Federal Acquisition Regulations "Allowable Cost & Payment Clause" (FAR 52.216-7) and/or the "T&M Payment Clause" (FAR 52.232-7). Following are answers to frequently asked questions and pointers to resources to help you.
FOR IMMEDIATE RELEASE
We’ve previously released a few blogs on the topic to make our clients and friends aware of the emerging requirement for registration at SAM.gov. While the Government has not been entirely forthcoming on why this requirement has emerged, there has been a lot of speculation from a data breach to fictitious registrations stemming from a few unscrupulous “consultants” that charge to register entities in SAM.
Topics: System Award Management (SAM)
Quite often, in practice, we see contractors classifying too much cost as IR&D or more commonly, B&P expense. In a proposal setting, experts from across your company support the development of a compliant proposal. The question we see frequently is: “Who should be charging to B&P Projects?” While a business may want to capture the total cost of a proposal effort, including administrative support from G&A staff, it is not wise to have these personnel charge to a B&P project where their labor will absorb overhead.
Topics: Compliant Accounting Infrastructure, Small Business Compliance, Contracts & Subcontracts Administration, Human Resources
In late 2013, the BBA (Bipartisan Budget Act) significantly changed the FAR 31.205-6(p) regulatory cap for allowable contractor employee compensation. In a highly politicized action, the Obama Administration convinced Congress to reduce allowable compensation to $487,000 for any contractor employee effective for contracts on or after June 24, 2014. Additionally, Section 702 of the BBA prescribed the method for annual increases to the statutory cap (based upon the change in the Employment Cost Index for all workers as calculated by the BLS (Bureau of Labor Statistics).
Topics: Employee & Contractor Compensation, Contracts & Subcontracts Administration
With summer just around the corner, now is the perfect time for your company to advertise internship opportunities. Internships are often a “win-win” opportunity, providing valuable education and training for students while improving workflow for employers.
Topics: Contracts & Subcontracts Administration, Human Resources
This blog was first published on the Deltek Government Contracting Blog as a guest post by Redstone Government Consulting.
The incurred cost submission is required for all federal contractors holding cost-type or time and materials (T&M) contracts and is a universal requirement regardless of agency customer. All contracts requiring the incurred cost submission will include the Federal Acquisition Regulations “Allowable Cost & Payment Clause” (FAR 52.216-7) and/or the “T&M Payment Clause” (FAR 52.232-7). Following are answers to frequently asked questions and pointers to resources to help you.
Topics: Incurred Cost Proposal Submission (ICP/ICE), Deltek Costpoint