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I recently authored an article for Law360’s Expert Analysis column outlining a joint notice issued by the Information Security Oversight Office (ISOO), which offers guidance to government contractors regarding entity eligibility determination (EED) requirements for joint ventures.
We recently authored an article for Reuters examining Commercial Solutions Openings, a contracting mechanism through the Department of Defense (DoD), which seeks innovative commercial technologies or services. We defined CSOs as “another pathway for nontraditional technology companies to provide goods and services to the federal government.
The Costpoint team at Redstone GCI recently concluded a great event with Deltek, during which DCAA representatives gave a great keynote session on Accounting System Requirements (or SF1408) , which was followed by another informative session by our group on how Costpoint meets those requirements.
To make it easier to incorporate “green procurement” into procurement planning, the UNCITRAL model law might be amended to: Article 7 – Flexible Communications: Make it easier to change means of communication during the course of a procurement. system) hinge on vendors’ “green” initiatives has long been a very controversial approach.
Cost Accounting Standards (CAS) Decoded: Best Practices for Government Contractors As a government contractor, navigating the complex world of Cost Accounting Standards (CAS) can be a daunting task. In this article, we’ll decode CAS and provide you with best practices to help you stay on top of your game.
This is the third article in a multi-part series on the Federal Acquisition Regulation (“FAR”) Cost Principles applicable to contracts with commercial organizations. The first article in the series addressed the criteria for determining the allowability of costs. This Cost Corner focuses accounting for unallowable costs.
Im proud to reintroduce this legislation to increase government accountability by safeguarding the SECs Whistleblower Program, Senator Grassley said. Former SEC Commissioner Allison Herren Lee , who now serves as Of Counsel at the whistleblower defense firm Kohn, Kohn & Colapinto, wrote an article calling for the passage of the bill.
In a new article for Law360 , leading whistleblower attorney Stephen M. After the DOJ first announced their plans to implement a whistleblower award program in March, advocates were hopeful that the program would be modeled on the successful Dodd-Frank Act programs and could similarly revolutionize the DOJ’s enforcement efforts.
The Supreme Court of Iran has rendered a historic decision, providing insight into the proper interpretation of Article 139 of the Iranian Constitution concerning administrative approvals for agreements to arbitrate, which has been considered to be a major hurdle to arbitration in Iran. Law will specify the important cases intended here.”
This article seeks to disentangle these overlapping terms by examining the tools and methods that are often used interchangeably. These safeguards are designed to protect the integrity of the procurement process and ensure fairness and accountability. What is a Solicitation Tool?
Government Accountability Office estimates that federal agencies lose up to $521 billion annually due to fraud. This article was produced by Scoop News Group, for FedScoop and StateScoop, and sponsored by TransUnion. Download the full report. The report also emphasizes that digital fraud threats are intensifying.
Ken Hofgesang is the Vice President, HHS Account Manager at Science Applications International Corporation (SAIC) since September 2022. Ken Hofgesang introduces keynote speaker RDML Tracy Farrill in the Potomac Officers Club-hosted 2023 Healthcare Summit. Reserve your slot now! Who is Ken Hofgesang?
FAR 31.205-20 makes interest unallowable, however, cost of money is not interest based on the CAS Board and is allowable (see our article Interest is Unallowable – How is That Possible ).
This week in federal government contracting, the recent headlines highlight a wide array of developments within federal operations, emphasizing both accountability and innovation. You can read more about this week’s news in the articles below. Enjoy your weekend!
Kohn called for the passage of the bill in an article for Bloomberg Tax. In the article, Kohn outlines these four key provisions: The imposition of interest on delayed awards The removal of budget sequestration for whistleblower awards The ending of double taxation of attorney fees The institution of de novo review in award case appeals.
Prior to DOE and his pursuit of public service, Dr. Kusnezov had a long career in academia where he published more than 100 articles and edited two books. He has been in numerous leadership roles in the private sector for over 25 years, spanning accounting, finance, technology & operations management spheres.
But the push toward standardization must also take into account that people do their best work when they have the best tools. For FedInsider, he has written many articles and white papers and acted as the moderator for over 20 interviews featuring federal, state and local officials discussing technology, policy and governmental issues.
Government Accountability Office defines a digital twin as a virtual representation of a physical object, process or system. This article appears in our guide “ How to Change Things Up (and Make It Stick).” The idea is to use this simulated environment to test potential changes to the real-world environment.
The primary aim seemed to be to shut us down from seeking accountability,” explained Venkatesan. They responded by filing close to 18 defamation suits against Venkatesan and his colleagues. At least fourteen of the SLAPP suits sought ten million rupees as compensation for alleged defamation. “The
Aaron Jacob , head of accounting solutions at TaxBit , said new crypto asset accounting guidance from the Federal Accounting Standards Board is expected to encourage the adoption of digital assets as it provides more clarity on accounting, reporting and disclosure of such assets.
Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM).
Kohn of Kohn, Kohn & Colapinto in a new article for Bloomberg Tax. In the article, Kohn outlines these four key provisions: The imposition of interest on delayed awards The removal of budget sequestration for whistleblower awards The ending of double taxation of attorney fees The institution of de novo review in award case appeals.
In this article, we will explain what a subledger is, explain why it is a problem if they are out of alignment, explain how this happens, and then give you some ideas on what you can do to fix it.
The FBI and Department of Homeland Security’s information-sharing efforts on domestic extremist threats with social media and gaming companies lack an overarching strategy, a Government Accountability Office report found , raising questions about the effectiveness of the agencies’ communications to address violent warnings online.
In this article, I will focus on minor deviations and the circumstances under which a minor deviation may be declared during bid evaluation. The article is based on my personal professional experience and regulations or guidelines from several procurement entities in the public and project settings. phocadownload/Determination/pdf.
According to the CFTC, starting around September of 2020, Empires Consulting used the company’s website and social media accounts to solicit individuals, referred to as “pool participants,” to trade commodities futures, options, and digital assets with Empires X. Kohn in a previous article calling for the passage of the bill.
For-profit organizations that receive grants must establish a cost accounting system that complies with the Cost Principles in FAR part 31.2, read our article Which Cost Accounting Regulations Apply When You Have Grants and Federal Contracts.
Many respondents offered their own major concerns: standardized organizational practices, unskillful management, “forever changing dialogue for processes,” lack of appreciation, lack of accountability, lack of support and recognition from supervisors, “too much work for the hours allotted,” lack of trust, and technology reluctance.
.” “President Lincoln believed in democracy, and knew that whistleblowing was democracy in action – relying on citizens to hold the powerful accountable,” says NWC Chairman Stephen M. Kohn previously outlined the reforms in an article for the National Law Review. Working together, democracy will not perish from this earth.”
Dan Ramish Well, Tom, nontraditional defense contractors are defined to include all contractors that do not have a subcontract or contract subject to full cost accounting standards coverage and have not had one in the preceding year. Is that the rationale? So, that’s certainly one of the priorities with this rule.
Agencies need an approach to cybersecurity that takes into account the vulnerabilities of end users. Rather than reuse passwords across personal and work devices and accounts, users can be assigned randomly generated passwords, which can be automatically provisioned and applied. Get the guide.
A Government Accountability Office report last month found that estimated start-up costs for the program were incomplete and “a comprehensive accounting” was needed if the pilot were to be continued and expanded. “A Billy Mitchell contributed to this article.
By definition, data ethics refers to the norms of behavior that promote appropriate judgments and accountability when acquiring, managing or using data. source:Tapaita Kalamafoni, Medium ) This article appears in our guide, “ Decision Intelligence: New Possibilities for Data-Based Decision-Making.”
This article is part of a monthly column that provides takeaways from recent bid protest cases. Government Accountability Office. This installment highlights three decisions from the U.S.
In his article “ The Future of Public Infrastructure is Digital “, Bill Gates envisions a world where infrastructure is smarter, more efficient, and digitally integrated. This vision aligns with the aspirations of many governments: leveraging technology to enhance public services , reduce costs, and promote sustainability.
the chair and ranking member of the House Committee on Oversight and Accountability, and Reps. Part of that expanded focus would include acquisition security at large and a requirement of the council to “proactively monitor and evaluate certain covered articles for ongoing risk.” “We James Comer, R-Ky. and Jamie Raskin, D-Md.,
In a new article for the National Law Review , Kohn outlines five areas where the DOJ failed to implement best practices in particular: Lack of Mandatory Awards : Under the DOJ program, awards are purely discretionary. Worse still, it creates a dangerous precedent for future whistleblower laws.”
More progressively, Article 26 of the 2018 DIS Arbitration Rules obliges the arbitral tribunal to discuss with the parties the possibility of amicable settlement of the dispute or of individual disputed issues. Such a provision could be easily incorporated into the existing institutional rules, for instance, in Article 24.2
This article covers how a small business government contractor can qualify, find opportunities, and thrive in this space. A government contractor’s accounting system must adhere to Generally Accepted Accounting Principles (GAAP), FAR, and Cost Accounting Standards (CAS) to track costs separately and maintain financial accuracy.
“It All Adds Up” is Crowell & Moring’s podcast covering the latest government contract accounting, cost, and pricing developments. View the full article Listen : Crowell.com | PodBean | SoundCloud | Apple Podcasts The post Government Contracts appeared first on Government Contracts Legal Forum.
A Government Accountability Office report issued in June 2021 noted that most of the federal government’s $100 billion fiscal year spending on IT went to maintaining and operating existing technology, including old, unsupported systems with known vulnerabilities. Data: Allowing agencies to inventory, categorize and label all data.
Colorado’s chief information officer (CIO) team relied on Commvault for its intelligent data management tools, in which Commvault’s automated features identified and quarantined several new, unknown user accounts. ” This article appears in our Guide, “ Unpacking Digital Transformation.”
The provision for the signing of awards is stipulated in Article 41(3) of the UAE Federal Arbitration Law No. This article simply states that the arbitrators shall sign the award. For example, Article 26.2 For example, Article 34.6 What Does Signing the Award Mean? 6 of 2018 (“ Arbitration Law ”).
Where the parties to a given treaty agree in their submissions – including NDPs – those interpretations also can be considered a common understanding subject to Article 31(3) of the Vienna Convention on the Law of Treaties (“VCLT”). In its submission, the United States explained that Article 10.20.4 of the U.S.-Colombia of the U.S.-Peru
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