Government Claims on Incurred Cost Submissions – Government Contracts Legal Forum

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Contractors that use a fiscal year ending 12/31 submit their annual cost submissions in June of the following year.  For 2010 incurred cost submissions (ICS) submitted in June 2011, many contractors may receive affirmative claims from the Government seeking to disallow some or all of those incurred costs, because the Government has a 6-year statute… Continue Reading

Source: Government Claims on Incurred Cost Submissions – Government Contracts Legal Forum

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