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DCAA Audits During the COVID-19 Pandemic

DCAA Audits During the COVID-19 Pandemic Shelter in Place Subject Matters to Consider By Norman McCord, Senior Manager  April 22, 2020   Still Happening DCAA is still active during this challenging “shelter in place” time but is, for the most part, auditing by email or telephone.  As is certainly true of many business and Government …

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COVID-19 Supply Chain Impacts

COVID-19 Supply Chain Impacts – Managing supply chains with HRPAS or DPAS rated orders

Written by: Gene Hansen, Senior Manager March 27, 2020 President Trump’s recent executive order engaging the Defense Production Act (DPA) to redirect US manufacturing capability to support health and medical services will cause companies that have never done business with the federal government to start doing so. Among the implementing regulations of the DPA is …

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Government Contracting for COVID-19- What to Know in the Current Contracting Environment

Written by: Paul Bailey, Partner March 25, 2020   From a contracting perspective, we have been here before, most recently with the war on terrorism and Overseas Contingency Contracts. Contractors and PCO’s responded with great speed to deliver critical products and services to support the warfighter. In some cases, typical business or best practices were …

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COVID-19 – Government Contractor Compliance and Financial Considerations

Written by: Craig Stetson, Partner As the sustained acceleration of the coronavirus (COVID-19) continues across the US and abroad, government contractors will face significant and rapidly changing challenges and disruptions impacting various aspects of day-to-day operations, performance, delivery and compliance requirements under their federal government prime contracts or subcontracts.    Government contractors confronting contractual performance …

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The Truth Behind Truth in Negotiations Requests

By Norman McCord, Senior Manager  DCAA “Annual Planning Process” – Recent Contractor Requests for Information Synopsis of DCAA Planning Process Several of our clients have recently received letters from their local Defense Contract Audit Agency (DCAA) offices requesting specific information on their government contract awards, which has raised concern because the letters do not disclose …

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5 Ways to Prep for the Audit While Preparing the Incurred Cost Proposal

5 Ways to Prep for the Audit While Preparing the Incurred Cost Proposal Jennifer Rettelle, Director of Operations | Capital Edge Consulting, Inc. The requirement to submit a final indirect cost rate proposal, more commonly referred to as the Incurred Cost Proposal or Incurred Cost Submission (ICS) is contained in FAR clause 52.216-7(d)(2)(i) – Allowable …

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DCAA Audits of Government Contractor Business Systems

DCAA Audits of Government Contractor Business Systems – Key Risk Mitigation Strategies to Promote an Adequacy Determination Craig Stetson, Partner | Capital Edge Consulting, Inc. The Defense Contract Audit Agency (DCAA) recently indicated as a 2019 agency initiative a significant increase in their dcaa audit efforts around contractor business systems. The DCAA’s renewed focus on …

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Compliance Roundup – What Government Contractors Should Know – Compliance Updates to be aware of now and through 2018

Compliance Roundup – What Government Contractors Should Know – Compliance Updates to be aware of now and through 2018 Craig Stetson, Partner with Capital Edge Consulting, Inc. Various federal agencies during the first half of 2018 have issued final and proposed rules or agency direction related to regulatory compliance requirements associated with U.S. federal government …

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12 Essentials to a Successful DCMA Contractor Purchasing System Review

12 Essentials to a Successful DCMA Contractor Purchasing System Review By Stephen ‘Chase’ Kunk, J.D. – Vice President, Contracts & Procurement The Defense Contract Management Agency (DCMA) has defined the Contractor Purchasing System Review (CPSR) Group’s mission – “Ensure that [Government] suppliers’ have purchasing systems in place that contribute to effective subcontract management. Effective subcontract …

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Common Preparation Pitfalls with the Final Indirect Cost Rate Proposal

Common Preparation Pitfalls with the Final Indirect Cost Rate Proposal Each year, Capital Edge works with numerous companies either developing, assisting with, or reviewing their final indirect cost rate proposals. The requirement to submit a final indirect cost rate proposal, more commonly referred to as the “ Incurred Cost Proposal or Incurred Cost Submission (ICS) …

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