GovCon Research Report: Volume 1, Issue 3

GovConResearchReport Image 2.pdfBerkeley 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.

Unallowability of Costs Associated With Foreign Contractor Excise Tax

FAC 2005-65; FAR Case 2011-011

By: Ryan Byrd

This final rule amends FAR 31.205-41, 52.229-3, 52.229-4, 52.229-6, and 52.229-7 to implement certain requirements of section 301 of the James Zadroga 9/11 Health and Compensation Act of 2010 (Pub. L. 111–347), which imposes a 2-percent excise tax on certain federal procurement payments to foreign persons. The law amended the Internal Revenue Code by adding a new section 5000C.

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