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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. 3] TINA defines cost or pricing data to mean all facts that, as of the relevant date, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. [4]
The following are subject matter areas that represent critical timekeeping internalcontrols. The post The Truth Behind Truth in Negotiations Requests appeared first on Capital Edge Consulting. DCAA Floor Check Interview Objectives There are many floor check questions that the DCAA auditor may ask an employee. We can help!
So the de minimis rate is a default indirect cost rate that the uniform guidance allows for recipients to use instead of negotiating at an indirect cost rate. And particularly for newer recipients or sub recipients, it’s more burdensome to have to go through the indirect rate negotiations with an agency. Tell us about that.
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.
The standard for reasonableness depends on whether the compensation is paid in accordance with an “arm’s length” labor-management agreement negotiated pursuant to the Federal Labor Relations Act or similar state statutes. [9]
Singh possesses more than 28 years of progressive experience supporting all aspects of information technology with extensive experience in IT system operation and maintenance, program management, customer service enhancement, cybersecurity, scheduling, budgeting, contract negotiation, and recruitment and personnel management.
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