Do you ever have customer requirements to classify costs as indirect when your accounting practices allocate such costs direct? In some cases, a customer’s request for proposal (RFP) will specify that a particular cost may not be proposed, charged, allocated, or billed to the contract as a direct cost, which may create a conflict with your…Read More
Be timely in making claims. If you have problems getting paid for your contractual work, don’t be lulled into a sense that you can sort it out with your government contacts. The courts have consistently held that contractors must exercise due diligence in making claims. And that means knowing who to make the claim to and…Read More
What makes products or services commercial for the purposes of government acquisitions? Generally speaking, they must be similar, but not necessarily identical, to those sold in the commercial market and used by the general public or non-government agencies. Federal Acquisition Regulation (FAR) Part 12 establishes purchasing policies for government agencies that closely resemble those of the…Read More
Prime contractors are responsible for negligence in the selection of subcontractors. In one fraud perpetuated against the U.S. Department of Interior’s Fish and Wildlife Service, two individuals were engaged in a series of transactions that were intended to hide the involvement of one of them from the government.Read More
There are a number of schedules in the Defense Contract Audit Agency’s (DCAA) incurred cost proposal model that do not have to be included with your annual incurred cost proposal submission. But that doesn’t mean you are off the hook.Read More
No matter how much we try to streamline and automate the incurred cost submission preparation process, it’s a hard-and-cold fact that it always presents unique challenges for contractors. It is rare for contractors to be able to take the Defense Contract Audit Agency (DCAA) Incurred Cost Electronically (ICE) model, enter their setup information, import their general…Read More
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