PNWC's Government Contracting Update

New GAO Report on DCAA Incurred Cost Audits | PNWC’s Government Contracting Update

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The Government Accountability Office (GAO) was asked (by Congress) to review the extent of the contract closeout backlog at large federal agencies. It published its findings this month (see Additional Management Attention and Action Needed to Close Contracts and Reduce Audit Backlog). As the report title implies, the GAO was not satisfied that agencies have been effectively managing the contract closeout process. GAO attributed most of the problem to everyone’s favorite whipping boy, the Defense Contract Audit Agency (DCAA).

Source: PNWC’s Government Contracting Update: New GAO Report on DCAA Incurred Cost Audits

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