By now, everyone knows that DCAA (Defense Contract Audit Agency) has “risked away” the preponderance of contractors’ annual incurred cost submissions. By “risked away” we mean that the contractor submissions have been closed without audit and the proposed rates are accepted as final by the Government. By “preponderance” we are referring to quantity, not absolute dollar amounts. Major contractors will not be “risked-away” because there are too many dollars at stake.
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’
