Nov 24, 2020 | 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 of this year. Quick federal legislation with contractor relief mechanisms followed with the $2.2 trillion...
Nov 16, 2020 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS
On September 29, the DCAA issued a memorandum to provide guidance to DCAA Field Audit Offices (FAOs) for the official implementation of the Contractor Submission Portal (CSP), a formal electronic method for contractors to submit their certified incurred cost...
Nov 16, 2020 | Government Contract Accounting, FAR, and CAS, Government Contract Litigation, and Bid Protests, Regulatory Updates
On September 30, the Office of the Under Secretary of Defense for Acquisition and Sustainment issued a memorandum on “Delegation of Defective Pricing Authority to the Defense Contract Management Agency.” This could apply to defective pricing audits received after the...
Oct 27, 2020 | Government Contract Accounting, FAR, and CAS
On September 30, 2020, the last day of the government’s fiscal year, the Senate voted to avert a government shutdown and extend a provision shielding contractors from the financial effects of the COVID-19 pandemic. Congress extended Section 3610 of the Coronavirus...
Aug 17, 2020 | Government Contract Accounting, FAR, and CAS, Procurement, Procurement Fraud/False Claims Act Investigations, Uncategorized
A Coordinated National Response to Combat Antitrust Crimes and Related Schemes in Government Procurement, Grant, and Program Funding It is time for government contractors to revisit their compliance programs and ensure they have effective controls that mitigate the...
Jul 16, 2020 | Contractor Business Systems and Reviews, Government Contract Accounting, FAR, and CAS, Other Government Regulatory Topics, Regulatory Updates
Key Government Guidance, Directives, and References in Response to Novel Coronavirus and COVID-19 The below list includes government-issued guidance and directives by agency pertaining to COVID-19 response. Contract Performance and Cost Recovery Pandemic Response...
