GovCon Wire

FEBRUARY 5, 2024

ASRC Federal has won a potential 10-year, $500 million contract from the Defense Logistics Agency to provide hardware and material management support for three Navy Fleet Readiness Centers and 13 satellite locations.

Material Management 64

Material Management Management Logistics Contract 64

GovCon Wire

DECEMBER 1, 2023

million contract modification from the U.S. The contractor will perform recurring sustainment, program management, propulsion integration, engineering, material management, configuration management, software sustainment, security management,

Engineering 64

Engineering Material Management Sustainability Integration 64

Government Contracts Legal Forum

JULY 10, 2024

The National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2011 requires that the DFARS business systems clauses implement criteria for contractors’ accounting, cost estimating, material management & accounting, earned value management, purchasing, and property management systems. View the full article

Internal Control 52

Internal Control Material Management Accountability Purchasing 52

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.

Accountability 75

Accountability Inventory Purchasing Contract 75

Redstone Government Consulting

NOVEMBER 6, 2023

If that company is going to do business with the US Government those policies and procedures are going to have to be expanded as each contract may present additional requirements. The most straightforward answer is that it is a good idea for any company to have policies and procedures.

Government 52

Government Government Contract Material Management 52