Tag Archives | CAS

Apathy and the Business Systems Rule

DOD proposed a major change to the Business Systems Rule (and GovCon compliance in general) and it has received very little industry attention. A proposed change to the Defense FAR supplement published in the Federal Register on July 15th would make some government contractors responsible for audits of their own accounting, estimating and material management […]

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Is Your Accounting System Adequate and Acceptable?

DoD first published the Business Systems Rule (BSR) as an interim rule in May 2011. The Rule provides for partial withholding of payments on CAS-covered contracts when any one of a contractor’s business systems is determined to have a significant deficiency. Certainly that could be a problem, but the real issue with the BSR came […]

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Federal Compliance from the Ground Up

At the base of every federal contract over $50,000, there is the requirement for the federal contractor to be compliant with applicable labor laws. These laws are the equal employment opportunity (EEO) and the affirmative action provisions of their contracts. The Department of Labor’s Office of Federal Contract Compliance Programs oversees and enforces these compliance […]

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