Here is a link to the 60 Minutes story on government contracting that aired last night. https://www.cbsnews.com/news/pentagon-budget-price-gouging-military-contractors-60-minutes-2023-05-21/
A recent CBCA case (CBCA 3407) brings up a couple of critical issues relevant to small government contractors. To abridge,…
FAR 52.216-7(d) – Allowable Cost and Payment “2(i) The Contractor shall submit an adequate final indirect cost rate proposal to…
One of the consequences of the new law requiring DCAA to accept of reject a contractor’s incurred cost submission within…
But lessons to be learned for contrtactors…. https://www.militarytimes.com/news/2018/04/14/how-in-the-world-are-taxpayers-paying-for-alfa-romeos-and-bentleys-senator-pushes-army-leaders-on-afghan-contracts/
Here are some of the requirements from the Department of Homeland Security’s latest SBIR RFPs “Additional deliverables in this…
In the current crisis surrounding DCAA, it is possible to receive a cost type contract requiring an approved accounting system…
We do not Prepare tax returns Audit We do Government contracting compliance (to include helping with compliance audits) Cost accounting…
You You know who you are. Yes, you, the one trying to figure out just when DCAA is going to…
Tom Price, Secretary of Health and Human Services, seems to hold a limited understanding of cost accounting and the necessity…