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Cost Accounting Standard (CAS) 411 – Accounting for Acquisition of Material Cost

Redstone Government Consulting

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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GSA closes in on enterprisewide software deal with Microsoft

Federal News Network

The Government Accountability Office found last January that out of the 24 agencies they reviewed for software licenses management, Microsoft was the most common, with agencies reporting it 36 times for a total of about $2.4 The bill calls for agencies to conduct an inventory and improve the overall management of software.

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Software license purchases need better agency tracking, GAO says

FedScoop

Federal agencies are missing out on cost savings and making too many duplicative purchases when it comes to IT and cyber-related investments, according to a new Government Accountability Office report. The post Software license purchases need better agency tracking, GAO says appeared first on FedScoop.

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Job Opening: Purchasing Manager

Mike Purdy's Public Contracting

City of Bellingham Position: Purchasing Manager Location: Bellingham, Washington Closing Date: Friday, August 11, 2017 at 4:30 pm Pacific Time Interview Schedule: The most qualified candidates will be asked to participate in a panel interview on August 31, 2017. Directs work of purchasing staff in carrying out and executing contracts.

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VA software license assessments called out in GAO recommendations

FedScoop

The Department of Veterans Affairs has work to do in assessing its software licenses, the Government Accountability Office said in a report that included four other new priority recommendations to the VA.

Inventory 112
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Prioritization, agility key to post-quantum standards implementation, US officials say

FedScoop

As that process begins, federal officials discussing the migration are highlighting the importance of actions such as prioritizing high-value assets, working toward “crypto agile” systems, and purchasing compliant tools. The process of inventorying is part of that work. Stupak said the inventory last year was the first in the world.

Inventory 138
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Tech groups urge congressional leaders to pass bill on agency software buying

FedScoop

Five of the country’s leading software and tech advocacy organizations are urging Senate and House leadership to pass bipartisan, bicameral legislation aimed at improving federal agency oversight and management of software purchases before this congressional term comes to a close. Minority Leader Mitch McConnell, R-Ky., Matt Cartwright, D-Pa.,