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Cost Accounting Standard (CAS) 420 – Accounting for IR&D Costs and Bid & Proposal B&P Costs

Redstone Government Consulting

Cost Accounting Standard (CAS) 420 outlines accounting standards for Independent Research and Development (IR&D) and Bid & Proposal (B&P) costs incurred by government contractors, ensuring consistent and transparent reporting.

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Should Bid Protest Losers Pay?

Inside Government Contracts

Section 804 of the House-enacted version of the National Defense Authorization Act for Fiscal Year 2024 would establish a “loser pays” pilot program to require contractors to reimburse the Department of Defense for costs incurred in “processing” bid protests that are ultimately denied by the Government Accountability Office.

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Accounting software keeps small business out of federal market

Federal News Network

Interview Transcript: Tom Temin For someone that went through the trouble of finding government opportunities, deciding they want to do this and then bidding and winning, what should they have in place already to be able to fulfill a contract that is unique and different from what is normally expected in the private sector? Jim Wesloh Yes.

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June 2024 Bid Protest Roundup

Government Contract Insights

This month’s Bid Protest Roundup highlights three recent protests from the U.S. Government Accountability Office.

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Bid Protest Minute: GAO’s Task Order Jurisdiction

GovCon & Trade

On December 21, the Government Accountability Office (GAO) dismissed a protest by ELS, an unsuccessful bidder on a Department of Defense (DOD) task order opportunity, concluding that it did not have jurisdiction to consider it. If you have any questions about GAO jurisdiction or the bid protest rules, please contact the author.

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Bid Protest Minute: The High Bar to Proving Contract Officer Bias

GovCon & Trade

By: Richard Arnholt On November 8, the Government Accountability Office (GAO) denied an unsuccessful bidder’s protest that asserted the Veteran Administration’s (VA) evaluation of Texas Waste Company’s past performance was unreasonable and reflected the Contracting Officer’s (CO) bias.

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Bid Protest Spotlight: Standing, Brand-Name or Equal, Insufficient Documentation

Government Contract Insights

This month’s bid protest roundup highlights one decision from the U.S. Government Accountability Office (GAO). Court of Appeals for the Federal Circuit and two decisions from the U.S.

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