Berkeley Research Group (BRG) Government Contracting experts are proud to launch the GovCon Insight blog. The government contracting marketplace is constantly evolving; as federal budgets shrink, organizations receiving federal funds will be subject to increased scrutiny, oversight, and regulations.
GovCon Insight will provide contractors with a resource that contains timely insight and analysis of regulatory updates, audit trends, and current news that impact organizations receiving federal contracts, grants, and cooperative agreements.
The views expressed in this article are those of the authors and do not necessarily reflect the position or policy of Berkeley Research Group, LLC.
By: Matt Franz
On January 22, 2013, the GAO issued a report on its review of DoD contractor pension costs. The review was performed in response to an increase in pension costs since the 2008 market downturn and the prospect of recent changes to Cost Accounting Standards (CAS) and Employee Retirement Income Security Act (ERISA) rules regarding the calculation of pension costs potentially resulting in further cost increases.
Continue reading GAO Report GAO-13-158 – Pension Costs on DoD Contracts: Additional Guidance Needed to Ensure Costs Are Consistent and Reasonable
Berkeley Research Group’s Government Contracts Advisory Services (GCAS) practice keeps its clients up to date on the latest regulatory developments affecting the government contracts industry. This edition of the GovCon Research Report summarizes the critical regulatory and compliance issues contractors faced in the fourth calendar quarter of 2012. The issues are summarized by the following key subject-matter areas:
- Key Federal Acquisition Regulation (FAR) Updates
- Key Defense Acquisition Regulation (DFAR) Updates
- GSA and VA Schedule Matters
- Pertinent Government Accountability Office (GAO) Audit Reports
- Other Relevant News
To read the full report, click here.