On February 7, the US Government Accountability Office (GAO) issued its Report to Congressional Committees on Contractor Business Systems (CBS), DOD Needs Better Information to Monitor and Assess Review Process (GAO-19-212). Continue reading GAO Report on Contractor Business Systems
Tag Archives: contractor
Government Shutdown: Day 24
The partial government shutdown began at midnight on December 21, 2018. As the shutdown entered its twentieth-fourth day, many government contractors were rightfully concerned about the status of negotiations between Congress and the president, the length of the shutdown, and its impact on their current and future contracts. As for the status of White House/Capitol Hill negotiations and the likely length of the shutdown, it is hard to say. Continue reading Government Shutdown: Day 24
Pentagon Has Issued New “Other Transactions Guide”
The Pentagon has stated for some time the need for increased innovation, speed, and affordability in defense systems acquisition. The Pentagon, via the Office of the Under Secretary of Defense for Acquisition and Sustainment, now has added additional clarification by issuing a new Other Transactions (OT) Guide. Continue reading Pentagon Has Issued New “Other Transactions Guide”
Top Management and Performance Challenges Facing Multiple Federal Agencies
The Council of the Inspectors General on Integrity and Efficiency (IGNET) released a report on the top management and performance challenges facing federal agencies. Continue reading Top Management and Performance Challenges Facing Multiple Federal Agencies
Year-End Compliance Planning for Federal Contractors and Awardees
As another year comes to a close, BRG’s Government Contracts Advisory Services team is here to share a year-end compliance planning checklist for Federal Contractors and Awardees. As you get ready to close the books on another year, these proactive efforts can help your organization prepare for and reduce delays in completing annual compliance and business processes, audit readiness, mitigation of potential issues, and improvement of audit outcomes and internal/external reporting. Continue reading Year-End Compliance Planning for Federal Contractors and Awardees
President Obama Orders Paid Sick Leave for Federal Contractors
On Labor Day 2015 (Monday, September 7), President Obama signed the Executive Order “Establishing Paid Sick Leave for Federal Contractors,” requiring Federal contractors to offer their employees up to seven days of paid sick leave per year. Continue reading President Obama Orders Paid Sick Leave for Federal Contractors
Updated DCAA Guidance on Expressly Unallowable Costs
In recent months, expressly unallowable costs have emerged as a focal point for the Defense Contract Audit Agency (DCAA). DCAA has issued two Memorandums for Regional Directors (MRDs) providing auditors with new guidance on identifying expressly unallowable costs, much to the dismay of contractors who believe that the guidance does not align with the intent of the applicable cost principles. These MRDs likely mean that contractors will receive more penalty recommendations than in years past, in addition to potential assertions of CAS 405 non-compliances. Continue reading Updated DCAA Guidance on Expressly Unallowable Costs
