RCGI-New DCMA CPSR Guidebook Released May 2018

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.

What DID Change

From first inspection, it appears that there were a few little updates to Parts 1-4 as well as some minor changes to the appendices portion of the Guidebook.  Changes within Parts 1-4 consisted primarily of updated references to the new appendix added for Subcontractor and Vendor Closeout (Appendix 27). 

Truth in Negotiations Act (TINA)

Surprisingly, no updates were made to Appendix 2 Truth in Negotiations Act (TINA) or to any of the other TINA references throughout the Guidebook.  We would expect a subsequent update for the new threshold changes (TINA, et al.), which should be made to the FAR within the next few weeks if the FAR Council follows the guidance from the 2018 NDAA.

We Finally See Documentation Revisions

Appendix 16 Documentation included some minimal changes from the last overhaul in March of 2018, which were primarily focused on updating/adding references.  Consistency in documentation requests has continually been a challenge when dealing with CPSR audit teams, so this appears to be a welcome push for consistency on what is “required” for a CPSR audit.

Reach Out to Us With CPSR Guidebook Questions

If you have any questions or notice any other changes we’d love to hear from you.  Likewise, if you’re struggling to prepare for a CPSR or just wondering when it applies and where to start we’re here for you.  We assist contractors all over the world with preparation, mock audit and general strategy when working with DCMA CPSR teams.

Written by Redstone Team

About Redstone GCI

Redstone GCI is a consulting firm focused on fulfilling the needs of government contractors in all areas of compliance. With a singular mission to help contractors through the multiple layers of “red tape,” we allow contractors to focus on what they do best – support their mission with the U.S. Government. We are home to a group of consultants made up of GovCon industry professionals, CPAs, attorneys, and retired government audit and acquisition professionals.

Our focus and knowledge of audit and compliance functions administered by DCAA and DCMA will always be at the heart of what we do. However, for the past decade, we’ve strategically grown to support other areas of the government contractor back-office with that same level of focus and expertise. We’ve added expertise in contracts management, subcontract administration, proposal pricing, various software systems, HR and employment law, property administration, manufacturing, data analytics/reporting, Grant specialists, M&A, and many other areas. When we see a trend in the needs of contractors, we act to ensure we can provide the best expertise in the market to fulfill those needs.

One thing our clients can be certain of is that with the Redstone GCI Team in your corner, there is no problem too big and no issue too technical for our team to tackle.

Topics: Contracts & Subcontracts Administration, Contractor Purchasing System Review (CPSR)