PNWC's Government Contracting Update

Law Allowing Contractors to Procure Their Own Incurred Cost Audits Rescinded

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Sec 804 of the 2018 NDAA (National Defense Authorization Act) repeals a provision that became law under the 2017 NDAA. 10 USC 190 was a new section that requires the creation of a Defense Cost Accounting Standards Board (DCASB). But appended to DCASB coverage was a new requirement that concerned the use of commercial auditors to perform audits of Defense contractors. Specifically, section (f) reads (paraphrased):

SOURCE: Law Allowing Contractors to Procure Their Own Incurred Cost Audits Rescinded

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