DCAA Compliance Blog

Your Source for DCAA & FAR Compliance News and Discussion

ReliAscent® LLC is the only government contract accounting firm that specializes in all aspects of government contracting compliance.  From our DCAA compliant accounting services, to monthly government contract accounting for all government agency awards, contract management & administration, and financial services & planning, our goal is to ensure the success of our clients, and all small business government contractors and grantees.  

In our DCAA Blog, we discuss the latest government contracting news from the Federal Government, the DCAA, and DCMA, as well as promotions offered by ReliAscent, and helpful tools and resources for contractors.

We hope you will visit and take part in the discussions on our blog on a regular basis. If you ever have any questions or would like to discuss how our experts can help, do not hesitate to contact us at any time!  


 

Dave Donley

Dave has a BS in Aeronautical Engineering and a Certificate in Government Contract Management from the NCMA. Dave spent 12 years as a Program/Contract Administrator for both a small and large government contractors. Dave was a contract and subcontract manager for six years at a small firm specializing in SBIR contracting. While managing all contract activities, he also performed selected financial management duties. In addition, Dave gained experience developing proposals and negotiating contracts. He has submitted and negotiated company indirect rates with many different government agencies.

Recent Posts

Government Shutdown – Déjà vu All Over Again...

Posted by Dave Donley on Fri, Jan 19, 2018 @ 09:23 AM

Federal Government Shutdown

As of this writing, the U.S. is scheduled to shutdown at midnight, tonight. One of the first things you learn in government contracting is something called the Anti-Deficiency Act, first enacted in 1870, which says the government can’t obligate expenses unless funding has been appropriated through Congressional action. The Act also prohibits the government from accepting voluntary services not already authorized by law.

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Topics: Federal Government Shutdown


A Quick Guide to the DCAA Compliant Accounting System - SF 1408 White Paper

Posted by Dave Donley on Tue, Sep 12, 2017 @ 01:30 PM

With the DoD SBIR 2017.2 awardee selections now being released, and the 2017.3/C SBIR/STTR Announcements opening in just two weeks (9/26/17), ReliAscent would like to remind all defense contractors and small businesses to download a copy (if you haven't already), of our helpful white paper:

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Topics: DCAA compliance, SF1408, DCAA Audits, DCAA Pre-Award Audit, DCAA Pre-Award Survey


Fixed-Fee Clause Confusion

Posted by Dave Donley on Wed, Jul 19, 2017 @ 01:30 PM

All cost-plus type contracts (other than construction contracts), will cite the FAR 52.216-8 fixed-fee clause. Its main purpose is to mandate that contracting officers withhold up to 15% of the total contract fixed fee (but no more than $100k) as a reserve “…to protect the Government’s interest.”

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Topics: Fixed Fee Contracts, Fixed Fee Clause, Fixed Fee, DCAA Fixed Fee


New Book on SBIR is a Must Read

Posted by Dave Donley on Wed, Nov 02, 2016 @ 09:15 AM

While the Nation Slept: The Struggle of Small Innovative Businesses in the U.S. (Mascot Books) spotlights the U.S. government’s efforts to assist small innovative businesses, particularly those engaged in the Small Business Innovation Research (SBIR) Program.

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Topics: SBIR Re-authorization, SBIR/STTR, Dave Metzger


DFAS Changes Help Small Businesses

Posted by Dave Donley on Mon, Sep 26, 2016 @ 01:15 PM

For as long as I’ve helped clients unravel their billing issues with the government, I’ve always been impressed with the service from the Defense Finance and Accounting Service (DFAS) help desk. Help desk agents are very knowledgeable about the DFAS payment system and the intricacies of Wide Area Workflow (WAWF). They quickly isolate the problem for any billing issue I have. True, it does take some time to get through on a call sometimes, especially during peak work hours. Still, whenever a voucher is rejected or placed on hold by DFAS, it usually takes only a few minutes on a call to find a solution.

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Topics: WAWF, Wide Area Workflow, DFAS


Government Contractor CFO's 101 (Part VII) - Cashflow Management II: Navigating the Government Payment System

Posted by Dave Donley on Wed, Sep 21, 2016 @ 08:50 AM

CFO Cashflow Management - Part II

CFO’s in the government contracting environment will learn it’s no easy feat knowing how and when to get paid. These terms are spelled out in each contract or grant which may include some of the following methods:

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Topics: Outsourced CFO, WAWF, Wide Area Workflow, outsourced cfo services


Government Contractor CFO's 101 (Part VI) - Risk Management II

Posted by Dave Donley on Thu, Jul 28, 2016 @ 09:00 AM

CFO Risk Management– Part II

In our introduction to risk management, understanding the regulatory environment a firm finds itself in was a critical first step for any CFO. For a deeper understanding on how this affects a business, let’s assume you’re a small business (according to the Small Business Administration) having a prime cost-plus type contract. What are the risks involved that the CFO should be aware of?

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Topics: Indirect billing rates, Outsourced CFO, Indirect rates, cfo for government contractors, outsourced cfo services