Government Contracts Internal Control Price 
Government Contracts & Investigations
SEPTEMBER 25, 2023
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government Contractors. We just completed two articles on the Truth in Negotiations Act (TINA) [1] and, before that, two articles on Defense Contract Audit Agency (DCAA) audits.
Capital Edge Consulting
MAY 10, 2024
Labor is among the largest contract cost recorded to Government contracts. In many cases, they are the most significant; therefore, the Government invests significant efforts to monitoring these costs and auditing them. The following are subject matter areas that represent critical timekeeping internal controls.
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Government Contracts & Investigations
FEBRUARY 29, 2024
Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. The current topic is Federal Acquisition Regulation (FAR) Cost Principles applicable to contracts with commercial organizations. DCAA, DCAM ¶ 6-413.1.c. 18] See FAR 31.205-6. [19]
Public Contracting Institute
JULY 8, 2024
Introduction to CAS 405 and Unallowable Costs In the complex world of government contracting, understanding and properly accounting for unallowable costs as per Cost Accounting Standard (CAS) 405 is crucial for success. Let’s dive into the intricacies of CAS 405 and explore how proper compliance can benefit your organization.
Public Contracting Institute
JANUARY 22, 2024
As a general rule, contractors should not disclose proprietary pricing information to other offerors/competitors during a federal acquisition. The person signing a contractor’s Certificate of Independent Pricing must be the person within the contractor’s organization who is “responsible for determining the prices being offered.”
Government Contracts Legal Forum
APRIL 30, 2024
Requirements for Fixed Amount Awards and Subawards Section 200.201(b)(1) states that fixed amount awards must be negotiated using the cost principles (or other pricing information) as a guide, and may be used if accurate cost, historical, or unit pricing data is available to establish a reasonable estimate of actual costs.
Government Contracts Legal Forum
AUGUST 9, 2024
2] Schneider Electric held federally funded energy-savings performance contracts, under which its employees fraudulently charged the government for prohibited design costs disguised as allowable unrelated pricing components. Attorney’s Office for the District of Vermont relating to kickbacks and overcharges.[2]
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