Category Archives: Government Contract Accounting
FAR 31.205: Improving Employee Moral, Health, and Welfare
Written on January 29, 2013 at 11:25 am, by pwitts
FAR 31.205 discusses Unallowable Cost rules and regulations for government contractors but FAR 31.205-13 in particular discusses what costs are unallowable/allowable to improve employee moral, health, and welfare. To find out more read our article Loyalty, Fitness, and Employee Welfare from our newsletter last week. Feel free to sign up for our newsletter and/or contact Read more...
Flow-Down Clauses
Written on January 14, 2013 at 10:31 am, by pwitts
If you missed out on our newsletter last week there was an interesting article titled When in Doubt, Flow It Down. The article discussed what needs to be included in subcontracts so that your company is ensured protection within the FAR. Please sign up for our newsletter and if you have any questions feel free Read more...
Incurred Cost Submission Tips
Written on December 19, 2012 at 3:42 pm, by pwitts
Do you find that incurred cost submissions are draining your business of time and resources? For some tips on how to help your company prepare for incurred cost submissions read this article from our newsletter last week. If you have any other questions about incurred cost submission and/or government contracts please contact our office!
Change in Allowable Airfare: What’s the Impact?
Written on December 3, 2012 at 2:48 pm, by pwitts
In our most recent newsletter there was an article that discussed changes to allowable airfare. Just in case you missed it here is a link to the article. If you like the article feel free to sign-up for our bi-weekly newsletter at the bottom of the page!
DoD Makes Big Changes to IR&D Reporting
Written on November 9, 2012 at 3:12 pm, by pwitts
As of January 30th, 2012 the DoD added reporting requirements to Unclassified Independent Research and Development (IR&D) projects. DFARS 231.205-18 and specifically section DFARS 231.205-18 (c)(iii) now requires contractors to report unclassified IR&D projects to the Defense Technical Information Center (DTIC) in order to claim the costs as allowable. To be able to claim the Read more...