We have discussed on these pages several times about the importance of compiling and maintaining documentation to support professional and consultant service costs. This is one of the FAR cost principles where auditors often find “low hanging fruit” because the principle requires three forms of documentation; an agreement, an invoice, and evidence of work performed. Although auditors have been told recently to lighten up a bit with respect to “evidence of work performed”, consulting costs continue to be a “high risk” area for potential audit findings and cost recoveries.
New Regulation Formalizes Ombudsman Practice and Identity for IDIQ Contracts
An ‘ombudsman’ is an official charged with addressing and/or investigating the interests of individuals’ or companies’
