PNWC's Government Contracting Update

An Adequate Incurred Cost Proposal does not Prove an Adequate Accounting System

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GSA issued a solicitation for information technology services. Award was to be made based on which offerors presented the highest technically rated proposals with fair and reasonable prices. GSA also noted that it would strictly enforce all of the proposal submission requirements and failure to comply with those requirements would result in rejection as being materially non-conforming to the solicitation requirements.

Source: PNWC’s Government Contracting Update: An Adequate Incurred Cost Proposal does not Prove an Adequate Accounting System

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