by David Newsome, Senior Legal Counsel, KBR | Jul 9, 2013 | Audits & DCAA
To say that there is a crisis surrounding the closing of government contracts, especially large cost-type contracts held by large government contractors, would certainly not be an understatement. [i] Closing a contract essentially requires verification that the goods...
by Members & Staff | Jan 22, 2013 | Accounting, Audits, Cost, and Pricing, Audits & DCAA
Guest Authors: Capital Edge Consulting (http://capitaledgeconsulting.com/): The recent GAO report on the backlog of audits of Incurred Cost Proposals is unfocused. The conclusion highlights the fundamental issue at hand in the statement, “DOD has fallen far behind in...
by Members & Staff | Dec 12, 2012 | Accounting, Audits, Cost, and Pricing, Audits & DCAA
DoD IG Critical of DCMA Proposal Audits by Darrell Oyer, Darrell J. Oyer & Co.: In 2010 DOD issued guidance to contracting officers raising the contract value for requesting a proposal audit from $650,000 to $10 million for fixed-price contracts and from $10...