A blog for government contractors to help them understand FAR and CAS, and to survive audits by DCAA and DCMA.
The government bears the burden of proving the amount of an equitable adjustment based on a reduced scope of work.
Some federal IT managers say there are too many tools in the playing field and not enough governmentwide guidance to implement them quickly and easily.
A report from GSA’s Office of the Inspector General highlights 18F’s inability to recover costs.
The rules on billing or claiming reimbursements under Government contracts are not always straight-forward and certainly not consistent from one contract type to another. Government contractors must, in every case, consult their contracts to determine billing terms and conditions. Generally, the Government is not in the business of financing a contractor’s operations. Contractors need to spend their own money before seeking reimbursement under their Government contracts. Whether reimbursed by progress payments, milestone payments, or public vouchers, contractors should anticipate a two to three month float from the time they pay their workers or suppliers until they receive reimbursement from the Government. Some contractors try to jump the gun by submitting for reimbursement for costs not yet paid. For small businesses, that might be okay if exemptions are granted but for most Government contractors, that would be prohibited and could result in big trouble. Take Persaud Companies, Inc, for example.
GSA’s IG highlighted problems for the digital services office, including losing tens of millions of dollars a year and hiring more people than it needed.
In the SBA’s HUBZone program, an employee must reside in a HUBZone on the award date of a HUBZone contract in order to count toward the HUBZone 35% residency
The GSA has introduced new capabilities and processes under its six-month-old Making It Easier program to attract new potential federal contractors.
GSA highlighted its progress since April around a series of initiatives designed to make schedule contracting more streamlined and efficient.
Three experts develop 12 recommendations based on interviews with CIOs and senior IT managers to measure all seven facets of the Federal IT Acquisition Reform Act.