Archive | 360 News

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.

Raising the Roofs: DoD Threshold Increases

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 […]

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New Protest Filing Procedures at GAO

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 […]

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CohnReznick Poll Reveals Cautious Optimism Among Government Contracting Industry Professionals

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 […]

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Quick Contract Closeouts – Beneficial to Both Contractors and the Federal Government

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 […]

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Revised Cost Accounting Standards Exemption

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 […]

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Contending with The Claw: Breaking Down Changes to Uniform Guidance Issued by the OMB

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 […]

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