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What Are The Cost Accounting Standards?

Capital Edge Consulting

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.

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Empowering the public sector with secure, governed generative AI experimentation

AWS Public Sector

Successful adoption of generative AI, especially within the public sector, requires organizations to enable systematic experimentation and exploration, with their own data, for their workforce and constituents. Strict data governance protocols are typically required.

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As the Acquisition World Turns: OFPP turns heat up on primes

Federal News Network

And the oversight and accountability of subcontracting efforts by prime contractors is getting more scrutiny. The Government Accountability Office’s annual report to Congress on the state of bid protests always is fascinating. Two data points help us understand some important facets of federal contracting.

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ICE pursuing privacy approvals related to controversial phone location data

FedScoop

Back in January, Immigration and Customs Enforcement said it had stopped using commercial telemetry data that government agencies buy from private companies. The move comes as civil rights advocates have raised repeated concerns about the use of commercial telemetry data. Within DHS, the use of this data has raised alarm bells.

Data 145
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Behind the technologies at the forefront of improving NOAA hurricane data

FedScoop

Collecting data from inside a hurricane can feel like sticking toothpicks in a donut. Each of those devices is dropped from one of the agency’s “Hurricane Hunter” aircrafts, falling through the storm like a toothpick piercing a donut and collecting data about temperature, air pressure, humidity, and wind speed on its downward path.

Data 125
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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Improving public procurement, which accounts for one in every three dollars spent by governments, is one of the core ways countries can do more with the same – or less. Strengthen rated criteria , and ensure these are clearly communicated and used in procurement, to account for factors beyond lowest cost alone.

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Coming to a contract protest near you, loser pays legal fees

Federal News Network

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. A clause in the Defense Authorization law for 2025 has procurement attorneys sitting up in their chairs. But other agencies don’t always do that.

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