Aug 19, 2021 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS
The US Office of Management and Budget (OMB) 2021 Compliance Supplement is available. On December 26, 2013, OMB Circular A-133 was superseded by the issuance of 2 CFR Part 200, Subpart F. Among other things, those changes increased the audit threshold to $750,000 for...
Aug 17, 2021 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS, Procurement
Government contractors, like most businesses, have faced difficult operational and financial challenges since the emergence of the COVID-19 pandemic in March 2020. Quick federal legislation with contractor relief mechanisms followed with the $2.2 trillion CARES Act,...
Jul 26, 2021 | Contractor Business Systems and Reviews, Government Contract Litigation, and Bid Protests, Regulatory Updates
The US Department of Labor Office of Federal Contract Compliance Programs (OFCCP) review will involve a compliance check to determine whether contractors have maintained records consistent with Executive Order 11246, Section 503 of the Rehabilitation Act, and the...
Jun 1, 2021 | Procurement Fraud/False Claims Act Investigations
Over the past year, the Department of Justice has charged nearly six hundred defendants with crimes involving over $600 million in fifty-six federal districts around the country. Attorney General Merrick Garland announced on May 17 the establishment of a COVID-19...
May 28, 2021 | Contractor Business Systems and Reviews, Cybersecurity Maturity Model Certification (CMMC), International Development, Non-Government Organizations and Not-for-Profits
Microsoft has warned users that hackers are using the US Agency for International Development’s (USAID) email system to target government bodies and nongovernmental organizations (NGOs). One such malicious email displays a “usaid.gov” identification as the sender,...
