Archive for the ‘Cost reimbursement contracts’ Category

Key Concerns for Government Contractors

Thursday, August 12th, 2010

The environment in which government contractors have to work within has changed significantly over the last couple of years and the trend looks to continuing.  The changes have created uncertainty in the industry and concerns as to potential increased risk to contractors.  The attached PowerPoint documents address these changes and their impact to the industry.  Subjects covered include:

  1. Life under the new DCAA attitude
  2. Allowability of Specific Costs
  3. Adequate and Timely Incurred Cost Proposals
  4. Business Ethics & Conduct and Mandatory Disclosure
  5. Proposed DFARS Rule: Withholding Payments to DoD contractors
  6. Prime Contractor Management of Subcontractors
  7. Organizational Conflict of Interest – DFARS update, Requirements and problems
  8. Reporting Subcontract Awards Greater than $25,000
  9. American Recovery and Reinvestment Act
    FAR Subpart 4.15 – Reporting Requirements
  10. DoD Finalizes Changes to DFARS on Export Control
  11. Labor Relations Cost – Cost to fight unionization unallowable

To read more click here




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