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Government Contracts Cost and Pricing: The Truth in Negotiations Act, or Whatever the Kids Are Calling It These Days (Part 3)

Government Contracts & Investigations

6] DCAA is authorized to examine contractor records related to proposals, discussions, pricing, and performance to evaluate the accuracy, completeness, and currency of cost or pricing data. [7] and evaluate significant variances for potential defective pricing. [48] and evaluate significant variances for potential defective pricing. [48]

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Application of CAS to Indefinite Delivery Vehicles (IDVs)

Capital Edge Consulting

The following are subject matter areas that represent critical timekeeping internal controls. Qualifications Does the employee have the appropriate education and experience to meet contractual, or otherwise reasonable experience expectations? Has the scope of work and related charge code has been fully conveyed to the employee?

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Conformance of CAS to GAAP

Capital Edge Consulting

The following are subject matter areas that represent critical timekeeping internal controls. Qualifications Does the employee have the appropriate education and experience to meet contractual, or otherwise reasonable experience expectations? Has the scope of work and related charge code has been fully conveyed to the employee?

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

Capital Edge Consulting

The following are subject matter areas that represent critical timekeeping internal controls. Qualifications Does the employee have the appropriate education and experience to meet contractual, or otherwise reasonable experience expectations? Has the scope of work and related charge code has been fully conveyed to the employee?

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The Infrastructure Investment and Jobs Act - Summary

Capital Edge Consulting

The following are subject matter areas that represent critical timekeeping internal controls. Qualifications Does the employee have the appropriate education and experience to meet contractual, or otherwise reasonable experience expectations? Has the scope of work and related charge code has been fully conveyed to the employee?

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OMB’s 2 CFR 200 Updates 2024

Capital Edge Consulting

The following are subject matter areas that represent critical timekeeping internal controls. Qualifications Does the employee have the appropriate education and experience to meet contractual, or otherwise reasonable experience expectations? Has the scope of work and related charge code has been fully conveyed to the employee?

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Cost Accounting Standards Guide and CAS Requirements for Government Contractors

Capital Edge Consulting

The following are subject matter areas that represent critical timekeeping internal controls. Qualifications Does the employee have the appropriate education and experience to meet contractual, or otherwise reasonable experience expectations? Has the scope of work and related charge code has been fully conveyed to the employee?