Every Government contractor with cost-type contracts is familiar with the requirement at FAR 52.216-7(d)(2)(iii) that requires them to submit an indirect cost rate proposal within six months after their fiscal year ends. This requirement continues for the duration of the contract. That same FAR clause even specifies the elements that comprise an “adequate” indirect cost rate proposal. There are 15 items listed, delineated as (a) through (o). There are also a listing of 15 optional items – also delineated as (a) through (o) – most of which will be N/A (not applicable) to small Government contractors.
Source: PNWC’s Government Contracting Update: DCAA Requests for Extra-Regulatory Data
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’
