Accountability Contract Government 
Open Contracting Partnership
JANUARY 9, 2025
Each year, New York City spends over $30 billion a year on public contracts to deliver essential good and services to its eight million residents. But until recently, like many governments, New York City relied on antiquated systems and lacked the tools to take full advantage of its procurement data. states or indeed many countries.
SmallGovCon
DECEMBER 20, 2024
Shuttering of the government (or parts of the government) following appropriations lapses has become an increasingly common phenomenon in recent times. Funding lapses interrupt the usual predictability of government operations, which harms both agencies and federal contractors that are left in limbo with stop work orders.
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Federal News Network
JANUARY 9, 2025
It calls on the Defense Department and the Government Accountability Office to develop a plan to test a novel idea: having companies that lose bid protests to repay DoD for legal costs. What are the differences in the conditions under which the government could recover? Tom Temin: OK, so what is the gambit now?
Capital Edge Consulting
DECEMBER 5, 2024
In government contracting, maintaining a DCAA-approved accounting system is crucial. The Defense Contract Audit Agency (DCAA) enforces strict guidelines to ensure that contractors accounting systems meet the standards required for compliance. Key Takeaways: Overview of DCAA Approved Accounting System essentials.
Redstone Government Consulting
SEPTEMBER 20, 2023
Any company receiving a government contract for the first time will have lots of questions and changes to their operations as a result of that contract. The question is, will the accounting structure and approach to the company’s accounting practices have to change?
Federal News Network
DECEMBER 30, 2024
billion Global Household Goods contract (GHC) are unusual too, and justify the sort of late-in-the-day legal claim that courts typically frown on. Suit alleges CICA violations The suit asks the Court of Federal Claims to terminate the GHC contract and order U.S. The government has until Jan. 8 complaint. As of Dec.
Redstone Government Consulting
OCTOBER 30, 2024
CAS 411 provides criteria for accounting for the measurement and assignment of material costs to cost objectives and follows generally accepted accounting principles (GAAP). If you don’t have contracts subject to full CAS, then FAR 31.205-26 Material costs requires contractors to implement GAAP when accounting for material.
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