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The CAS Board is Looking to Address CAS Applicability When it Comes to IDIQ Contracts

Redstone Government Consulting

In the June 18, 2024 Federal Register , the Cost Accounting Standards Board (CASB) put out a notification that it was looking for input on how Cost Accounting Standards (CAS) applicability should be handled when it comes to Indefinite Delivery Vehicles (IDVs) (i.e., Indefinite Delivery Indefinite Quantity (IDIQ) contracts).

IT 104
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Cost Accounting Standards - What Contractors Need to Know

Capital Edge Consulting

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”

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Cost Accounting Standards Guide and CAS Requirements for Government Contractors

Capital Edge Consulting

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”

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Application of Cost Accounting Standards to Indefinite Delivery Vehicles

Capital Edge Consulting

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”

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Conformance of CAS to U.S. GAAP for Operating Revenue and Lease Accounting

Capital Edge Consulting

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”

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Federal Contract Awards Hit $773.68B in FY24, Small Businesses See $4B Increase

GovSpend

In FY24, they accounted for 59.87% ($464.2 Combined, these four categories account for over 54% of all federal contract awards. Use of GWACs/IDIQs The use of Government-Wide Acquisition Contracts (GWACs) and Indefinite Delivery/Indefinite Quantity (IDIQ) contracts, excluding MAS schedules, has been on the rise. In FY24, $74.8

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Open Olympics 2026: progress and challenges

Open Contracting Partnership

Its hugely positive that 20 Italian civil society organizations came together as a coalition to push for transparency and accountability in the delivery of the Games. More generally, there is room for improvement in the quantity and quality of the data on the platform. Materials are available here.