Remove Contract Remove Internal Control Remove Thresholds
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NITAAC obtains 801 Certification: DoD Assisted Acquisitions Now Much Easier

NIH NITAAC

Section 801 provides guidance on the “procurement policies, procedures, and internal controls” that must be followed to assure compliance with defense procurement requirements, particularly for a nondefense agency when it is performing an assisted acquisitions to procure supplies and services on behalf of the DoD.

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OMB Final Rule Rewrites the Uniform Guidance for Grants, Cooperative Agreements, and Other Federal Financial Assistance

Government Contracts Legal Forum

The Final Rule also makes many changes to 2 CFR Parts 180 and 200, including, but not limited to, increasing the threshold for audits, clarifying the requirements for fixed amount awards, and implementing a mandatory disclosure rule. View the full article

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What new White House guidance on grants means for agencies that hand them out

Federal News Network

Interview Transcript: Tom Temin Dan, the uniform guidance is a little bit outside of FAR and contracting concerns. And increasingly, the federal grant in assistance space is becoming subject to more requirements that start to look like government contracts. Let’s talk about maybe the threshold for what gets audited.

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The Cost Corner: Government Contracts Cost and Pricing – Compensation for Personal Services (Part I)

Government Contracts & Investigations

The current topic is Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations. 31] Thus, implementing and documenting adequate internal controls for determining compensation can significantly reduce audit risk. 1] This definition is quite broad.

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