Join CohnReznick for a complimentary Lunch & Learn session on May 21st in San Diego, CA. Our topic is “Financial Benchmarks & Industry Trends for Government Contractors: How Does Your Company Compare in a Competitive Environment?” Click here to register.
Experts at CohnReznick are continuing to keep their eyes and ears open for new rules, regulations and other important information pertinent to government contractors. Be sure to visit this page regularly to stay informed.
On April 13, 2018, Shay D. Assad, director of Defense Procurement and Acquisition Policy (DPAP), issued two class deviation memos of which the defense contractor industry needs to be aware. Information contained in one memo indicates an increase in thresholds for which contracting officers need to obtain certified cost or pricing data, as of July […]
Join CohnReznick for a complimentary Lunch & Learn session on either May 15th in Baltimore, MD or May 17th in Tysons, VA. This month’s topic is “Tax Reform: Do You Really Know How the New Tax Laws Are Impacting You & Your Business?.” Click here to register.
As of May 1, 2018, all bid protests at the Government Accountability Office (GAO) must be filed online on GAO’s Electronic Protest Docketing System (EPDS) (with the exception of protests involving security classified information) with a filing fee of $350 (even those filing without an attorney). Be aware that unauthorized or improper use of the […]
Glass only half full on a range of issues from political uncertainty to cybersecurity. A new CohnReznick poll of government contractors uncovered guarded optimism about the current procurement environment. However, concern over Congress’ inability to get things done efficiently and increased cybersecurity threats is causing some to lose sleep at night. “Some government contractors are […]
Join CohnReznick for a complimentary Lunch & Learn session on either April 25th in Baltimore, MD or April 26th in Tysons, VA. This month’s topic is “Final Impact – A Review of Key Elements of the DOD’s Final Rule on Commercial Item Determination.”
Every government contract that begins must have an end. However, contract closeouts often take much longer than contractors would prefer, resulting in constrained cash flow, disgruntled investors, documentation retention issues, and employee turnover. Fortunately, Federal Acquisition Regulation 42.708 outlines instructions on how Federal Executive Agencies may expeditiously close out certain flexibly-priced contracts that have not […]
The Cost Accounting Standards Board (CASB),[i] an independent-statutorily establishment, met on February 13, 2018 to issue a final ruling that was published from its last meeting on October 5, 2011. The CASB revised “the exemption from CAS for firm-fixed-price (FFP) contracts and subcontracts awarded based on adequate price competition without submission of cost or pricing […]
An Update for Not-For-Profit Government Contractors The Uniform Guidance issued by the U.S. Office of Management & Budget includes certain changes to procurement guidelines. These changes have many not-for-profit organizations and government contractors reviewing their policies to ensure future compliance. Following their recent webinar, Partner Jim LaCroix and Manager Jeff Carpenter are actively sharing key […]
Join CohnReznick for a complimentary Lunch & Learn session on either March 27th in Baltimore, MD or March 22nd in Tysons, VA. This month’s topic is “Getting an Edge Over Your Competition with Approved Purchasing Systems.”