Tag Archives | Federal Register

A New Twist on the Business Systems Rule

DOD has relieved DCAA of yet another of its responsibilities and put the burden squarely on government contractors. A proposed change to the Defense FAR supplement published in the Federal Register July 15th, would make government contractors responsible for audits of their own accounting, estimating and material accounting systems, including engaging and paying a CPA […]

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Important FAR change that could affect some ICE submissions

At 8:35 yesterday morning, a change to the FAR was published in the Federal Register that changed how the compensation cap is implemented. The FY2012 National Defense Authorization Act (NDAA) extended what used be the “Executive” Compensation Cap to ALL CONTACTOR EMPLOYEES, but ONLY on contracts with DOD, NASA and the Coast Guard. The cap […]

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Proposed Rule Would Require Faster Payments to Subcontractors

A proposed rule publicized in the Federal Register on December 19, 2012, would add a new clause to the Federal Acquisition Regulation to require accelerated payments to small business subcontractors.  The rule would implement the temporary policy provided by Office of Management and Budget (OMB) Policy Memorandum M-12-16.  The proposed rule would provide Accelerated Payments to Small […]

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