Confusing Adequacy and Audit – Incurred Cost Proposal Fiction and Reality Part One – A Messy History

FAR 52.216-7(d) – Allowable Cost and Payment “2(i) The Contractor shall submit an adequate final indirect cost rate proposal to…

Continue Reading →

Your Tax Accountant is Our Friend – A Natural Partnership

We do not Prepare tax returns Audit We do Government contracting compliance (to include helping with compliance audits) Cost accounting…

Continue Reading →

I Will Pay You on Tuesday Out of My Award

 Let us finish my look at the recent Armed Services Board of Contract Appeals (ASBCA) Technology Systems, Inc. (TSI) (ASBCA…

Continue Reading →

Bales Testifies Before House, Industry refers to DCAA as a “Collection Agency”

DCAA Director Bales testified yesterday before the House Armed Services Subcommittee On Oversight and Investigations. Here is a link to…

Continue Reading →

GAO Turns Left at Albuquerque and I Did Not Even Get the Chance to Wave….

The Ignorance regarding how DCAA works is not limited to contractors, but is prevalent (no surprise) among government acquisition staff.…

Continue Reading →