Public Law 100-670 (41 U.S.C. 422) requires certain contractors and subcontractors to comply with Cost Accounting Standards (CAS). Compliance comes in two forms, Modified and Full CAS Coverage.

Understanding what constitutes a CAS-covered contract, what factors trigger Modified or Full coverage, and the impact on your company is critical to ensuring compliance, increasing market penetration, and financial performance.

TD Government Solutions works with contractors on:

  1. Evaluating whether existing contracts require compliance with CAS, either Modified or Full
  2. If CAS applies, evaluating your existing cost collection and allocation methodology to determine your level of compliance and recommend any changes necessary to confirm full compliance
  3. If required; analyzing, reviewing, or completing the Disclosure Statement which is a written description of your cost accounting practices and procedures