Archive for February, 2010

Proposed DFARS Rule: Withholding Payments to DoD to Contractors

Wednesday, February 10th, 2010

This proposed rule follows on the heal of an earlier article in which it was discussed how DCAA is becoming less likely to approve a Contractor’s various Systems from accounting to material management.

This proposed rule will more likely than not become a final rule after comments are received.

Contractors will need to work very hard to ensure their Systems are compliant not only to FAR and CAS but also to DCAA audit standards

Click here for a copy of the article