Surveillance Survival – Responding to a Government Audit

Every few years, we reach out relative to the importance of a government contractors’ response to audits performed by the Defense Contract Audit Agency (DCAA), the Defense Contract Management Agency (DCMA), the Department of Labor (DOL) or, for that matter, any other government audit function.

2022-11-29T16:42:27-05:00November 29, 2022|Categories: Government Contracting|Tags: , , |

Strategic Material Handling and Major Subcontracting Indirect Rates

Government regulation requires costs to be classified as either a direct cost or an indirect cost.  As we know, indirect costs, in the aggregate, represent the largest class of expense incurred on government contracts.  Direct costs, by definition, are identifiable with a specific “final cost objective” while indirect costs are associated with common or joint cost objectives.

2022-11-08T17:16:12-05:00November 8, 2022|Categories: Government Contracting|Tags: , |

Labor Recording! Are you ready for an audit?

Labor recording is the basis for the valuing and allocating the efforts of you and your employees and a critical process for government contractors who depend on it for their product and services costing (read billing/cash flow) and pricing.

2022-11-01T10:17:02-04:00November 1, 2022|Categories: Government Contracting|Tags: |

Provisional Billing Rates vs. Forward Pricing Rates

While a contractor’s forward pricing rates may sometimes get confused with their provisional billing rates, by the contractor and even the government, they are completely different rates developed for completely different purposes.

2022-10-27T13:35:51-04:00October 11, 2022|Categories: Government Contracting|Tags: |

What You Need to Know about Government Contracting Laws: FAR and Beyond

FAR (Federal Acquisition Regulations) is one of the most important laws to know for any company looking to work with the federal government. In this blog post, we'll cover some key points so you can get started on understanding your responsibilities as a contractor!

2022-09-22T14:10:34-04:00September 13, 2022|Categories: Government Contracting|Tags: |

What Is a System?  Getting Started Toward Business System Compliance!

It is important for government contractors in developing their business systems and offering them up to the government as representative of their compliance with the published requirements to understand what a “system” is in the context of government compliance.

2022-08-26T13:46:35-04:00August 23, 2022|Categories: Government Contracting|Tags: , |

What Do Government Contractors Need to Know about DCAA?

DCAA compliance is an essential component of government contract administration. The key for government contractors is to know what rules and regulations they are subject to, implement the necessary processes to ensure compliance, and maintain that compliance.

2022-08-09T08:54:26-04:00August 9, 2022|Categories: Government Contracting|Tags: |

Top Programs for Winning Government Contracts: A Smaller Contractor’s Resource

The Federal government uses special programs to help small businesses win at least 23 percent of all federal contracting dollars each year. Small businesses should take advantage of these programs to give them a competitive edge in the government contracting arena.

2022-07-26T16:03:06-04:00July 26, 2022|Categories: Government Contracting, Small Business|Tags: |

Proven Tactics Tech Companies Can Use to Win Government Contracts

Should you accept government work if you are a technology firm? Yes, if you want to increase your revenue. Here are some tried-and-true tactics for winning government contracts that will help tech businesses succeed in the extremely competitive business world.

2022-07-12T14:11:22-04:00July 12, 2022|Categories: Government Contracting|Tags: |

Service Centers – A Multi-Purpose Management and Allocation Tool

Learn about service centers and cost allocation methods, specifically direct allocation and step allocation, that can help you understand the "true" cost of your products and services so you can price them for a profitable return.

2022-06-23T14:31:15-04:00June 21, 2022|Categories: Accounting, Government Contracting|Tags: , |
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