Evaluation, Information and Internal Control

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

Government Contracts & Investigations

SEPTEMBER 25, 2023

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] 4] TINA is intended to “level the playing field” by providing Government negotiators the same cost or pricing data available to contractors.

Negotiation

Negotiation Price Government Contracts IT

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

Government Contracts Legal Forum

APRIL 30, 2024

Section 175.105(c) requires recipients to inform the federal agency and the inspector general immediately if there are credible reports that the recipient (or any subrecipient, contractor, subcontractor, or agent of the recipient) has engaged in prohibited activities. 7101 et seq.,

E-procurement

E-procurement Thresholds Internal Control Evaluation

How to make better public procurement decisions with business intelligence: Insights from Ukraine

Open Contracting Partnership

DECEMBER 4, 2024

There are specific dashboards that analyze prices on the central e-catalog , medical procurement , buyer evaluations , Energy Services Company (ESCO) procurement, or internal auditing practices. However, these applications helped highlight these issues to stakeholders and inform their opinions about the effectiveness of these stages.

Public Procurement

Public Procurement Procurement E-procurement Buyers

Procurement and the AI EO — Helping federal CAIOs navigate the path ahead

Great Government Through Technology

NOVEMBER 29, 2023

We can see agencies using AI to speed up workflows, improve how the public interacts with federal information, reveal new insights in our data, and improve how we design and deliver programs. AI tools will be subject to rigorous assessment, testing, and evaluation before they may be used. But wait, there’s more!

Procurement

Procurement Risk Management Internal Control Evaluation

Criminal Enforcement Considerations for Gov’t Contractors

Government Contracts Legal Forum

AUGUST 9, 2024

A strong compliance program should thus cover at least six core training topics: (1) employee responsibilities, (2) government contractor commitments, (3) doing business with the federal government, (4) working with government officials, (5) protecting data and government information, and (6) monitoring and disclosing misconduct.

Evaluation

Evaluation Government Contracts Ethics Government

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

Government Contracts & Investigations

FEBRUARY 29, 2024

28] DCAA Audit Guidance Chapter 6 of the DCAM, Incurred Cost Audit Procedures, includes detailed guidance for evaluating the reasonableness of compensation costs. 31] Thus, implementing and documenting adequate internal controls for determining compensation can significantly reduce audit risk.

Price

Price Government Contracts Government Government

Application of CAS to Indefinite Delivery Vehicles (IDVs)

Capital Edge Consulting

SEPTEMBER 24, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

Conformance of CAS to GAAP

Capital Edge Consulting

SEPTEMBER 24, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

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

Capital Edge Consulting

SEPTEMBER 24, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

The Infrastructure Investment and Jobs Act - Summary

Capital Edge Consulting

SEPTEMBER 11, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

OMB’s 2 CFR 200 Updates 2024

Capital Edge Consulting

AUGUST 2, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

Cost Accounting Standards Guide and CAS Requirements for Government Contractors

Capital Edge Consulting

SEPTEMBER 4, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Government Government Internal Control

Application of Cost Accounting Standards to Indefinite Delivery Vehicles

Capital Edge Consulting

AUGUST 23, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

The Infrastructure Investment and Jobs Act – Expanding Opportunities in the Federal Award Landscape

Capital Edge Consulting

AUGUST 14, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

Cost Accounting Standards - What Contractors Need to Know

Capital Edge Consulting

AUGUST 14, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

OMB’s 2024 Updates to Uniform Guidance (2 CFR 200)

Capital Edge Consulting

AUGUST 14, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

The Truth Behind Truth in Negotiations Requests

Capital Edge Consulting

FEBRUARY 6, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Negotiation

Negotiation Accountability Internal Control Distribution

Health and Human Services Contracting Officer’s Authorization (COA) Requirements

Capital Edge Consulting

JULY 2, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Contract

Contract Accountability Internal Control Distribution

Health and Human Services Contracting Officer’s Authorization (COA) Requirements

Capital Edge Consulting

JULY 2, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Contract

Contract Accountability Internal Control Distribution

ERP Implementation Risks and Mitigations

Capital Edge Consulting

JANUARY 19, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

Formation to Future: The CASB and the Role of the CAS Clause

Capital Edge Consulting

MARCH 20, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

The FY2024 NDAA and its Nexus to the FAR and DFARS

Capital Edge Consulting

APRIL 10, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

IT

IT Accountability Internal Control Distribution

Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts

Capital Edge Consulting

MAY 10, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Price

Price Government Contracts Government Government

DCAA Releases FY2023 Report to Congress

Capital Edge Consulting

JUNE 13, 2024

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

Ensuring Compliance with New SBA Requirement for Inclusion of Indirect Costs

Capital Edge Consulting

SEPTEMBER 22, 2023

The following are subject matter areas that represent critical timekeeping internal controls. This inquiry aims to determine how an employee records overtime, which will be evaluated for consistency in costs (overtime). It also helps the auditor to determine if Total Time Accounting is used.

Accountability

Accountability Internal Control Distribution Consulting

Enhanced Review by the Department of Energy’s Office of Inspector General into the Loan Programs Office Poses Increased Risks to Loan Program Applicants

Government Contracts Legal Forum

AUGUST 9, 2024

According to a recent notice issued on SAM.gov, the DOE OIG intends to issue a sole source contract for legal support “assessing the policies and procedures” for the due diligence of loan applications, and evaluate specific LPO loans and guarantees to assess their compliance with, consistency in application of, and the effectiveness of LPO policies (..)

Internal Control

Internal Control Evaluation Finance Manufacturing

Public Procurement Central

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

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

How to make better public procurement decisions with business intelligence: Insights from Ukraine

Procurement and the AI EO — Helping federal CAIOs navigate the path ahead

Criminal Enforcement Considerations for Gov’t Contractors

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

Application of CAS to Indefinite Delivery Vehicles (IDVs)

Conformance of CAS to GAAP

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

The Infrastructure Investment and Jobs Act - Summary

OMB’s 2 CFR 200 Updates 2024

Cost Accounting Standards Guide and CAS Requirements for Government Contractors

Application of Cost Accounting Standards to Indefinite Delivery Vehicles

The Infrastructure Investment and Jobs Act – Expanding Opportunities in the Federal Award Landscape

Cost Accounting Standards - What Contractors Need to Know

OMB’s 2024 Updates to Uniform Guidance (2 CFR 200)

The Truth Behind Truth in Negotiations Requests

Health and Human Services Contracting Officer’s Authorization (COA) Requirements

Health and Human Services Contracting Officer’s Authorization (COA) Requirements

ERP Implementation Risks and Mitigations

Formation to Future: The CASB and the Role of the CAS Clause

The FY2024 NDAA and its Nexus to the FAR and DFARS

Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts

DCAA Releases FY2023 Report to Congress

Ensuring Compliance with New SBA Requirement for Inclusion of Indirect Costs

Enhanced Review by the Department of Energy’s Office of Inspector General into the Loan Programs Office Poses Increased Risks to Loan Program Applicants

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