DCAA Compliance Blog

Government Contracting News and DCAA Information for Contractors

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

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!  

 


 

Tyler Link

Recent Posts

DoD SBIR/STTR 2018.3/C Closes Tomorrow (10/24)

Posted by Tyler Link on Tue, Oct 23, 2018 @ 02:18 PM

2018.3-C DoD SBIR-STTR Close October 24

ReliAscent would like to remind all Small Business Federal Contractors that the DoD's SBIR/STTR 2018.3/C BAA closes to proposal submission tomorrow, Wednesday October 24th, at 8 PM ET. As always, we highly recommend that you submit your proposals as early as possible in order to avoid potential complications (due to the high volume during the final hours of the announcements). All proposal are submitted through the DOD SBIR/STTR submission portal: https://sbir.defensebusiness.org/.

If you have any questions about SBIR contract compliance requirements, or require a DCAA compliant accounting system for a pending Ph II award (or other cost type contract), please feel free to contact us at any time!

Good luck!

 

*Photo Credit: https://sbir.defensebusiness.org/

Topics: 2018.3 DoD SBIR, 2018.C DoD STTR

Free QuickBooks DCAA Compliance Review

Posted by Tyler Link on Mon, Oct 08, 2018 @ 11:06 AM

QuickBooks DCAA Compliance Review

Government Contractors: do you know if your accounting system is DCAA compliant?  When was the last time it was audited? Has it been properly maintained since?

What if you have a grant with the Department of Energy (DoE), or National Institutes of Health (NIH)? Do you know if your accounting system meets 10 CFR 600 or 45 CFR 74?  Are you aware of the risks posed to your company by not having a compliant accounting or timekeeping system? 

An evaluation of your accounting system today could save you severe (and costly) headaches when the Federal Government comes knocking. This evaluation can:

  • Identify “gaps” in your system compliance
  • Identify systems outside of the QuickBooks general ledger program that would be needed for full compliance
  • Prepare you so you are ready to pass your next audit
Do not jeopardize your company’s cash flow and security! Contact ReliAscent today to schedule your Free QuickBooks DCAA Compliance Review.

Topics: Quickbooks DCAA, Free QuickBooks Compliance Review, DCAA Compliant Accounting

Successful Government Contractors Need More Than Just An Accounting Firm...

Posted by Tyler Link on Wed, Oct 03, 2018 @ 09:00 AM

What Keeps You Awake

As a small business government contractor, what keeps you awake most nights?  While most would understandably answer, "winning that next contract," “making a profit,” or “avoiding a DCAA audit,” for many small businesses, it is the lack of proper contract and grant management that can be far more costly and devastating to their bottom line and day-to-day operations.  But, isn’t that something your CPA or DCAA bookkeeping firm should help you with?

Unfortunately, the reality is Government Accounting CPA and Bookkeeping firms are a dime a dozen—but accounting is really all you getIf you have problems with your contract, or are in desperate need of strategic financial or business consulting to stay profitable (or in the Federal Government’s good graces), you’re on your own

That’s what makes ReliAscent unique. We have over 200 combined years of DCAA compliant accounting experience, and we provide outsourced monthly accounting for contractors and grantees working with all government agencies.  But, our expertise doesn’t stop there.  Each of our clients has direct access to outsourced CFO’s and government contract management experts, and ReliAscent has nearly 200 years combined experience in government contract management.

At ReliAscent, we provide contractors with critical functions that help set them up for success and mitigate risk.  This includes things like contract reviews, negotiations, modifications & requests for equitable adjustment, and contract closeouts and terminations for convenience.  It is this unrivaled combination of knowledge, experience, and services, that sets ReliAscent apart from all other government contract accounting firms.

Contact us today to learn how our complete compliance solution can help position your business for success.

Topics: government contract management, DCAA Compliant Accounting, government contract reviews

Are You Properly Managing Your Indirect Rates?

Posted by Tyler Link on Mon, Oct 01, 2018 @ 08:28 AM

Indirect Rates Structure Rubik's Cube

In the world of government contracting, a company's indirect rates are absolutely critical in managing costs effectively and ensuring the business remains profitable.  However, your indirect rate structure is also one of the most important factors in your proposal when competing for a contract...and if you don't know HOW to properly manage your indirect rates—or, if you're not making strategic modifications to your rates at the right times—you may be setting yourself up for failure from the start.

If you don't know whether your rates are truly helping or hurting your business, now is the time to take advantage of ReliAscent's Free Indirect Rates Review.  Our review provides contractors and grantees with sound, valuable advice about their indirect rate system & structure, can help them to understand and maintain DCAA compliance, and can help a small business use their rates as a financial engine to grow their company.

TO GET YOUR FREE INDIRECT RATES REVIEW, CLICK HERE NOW!

With just a little information about your company, our experts can complete your indirect rates review and schedule a call to discuss the path forward, should you need help fixing any errors detected.

Request your Free Review today!

 

*Don't Forget to Also Download our Helpful White Papers on Indirect Rates:

Topics: Indirect rates, Indirect billing rates, indirect rates review, managing your indirect rates

New ReliAscent White Paper - Cost and Pricing Data Explained

Posted by Tyler Link on Fri, Sep 28, 2018 @ 09:07 AM

Yesterday, ReliAscent released our latest white paper, "Cost and Pricing Data Explained," written by our own, Dave Donley. This paper covers the basics of cost and pricing data, as well as some techniques to reduce risk.

To get your copy of "Cost and Pricing Data Explained," click here now!

Cost and Pricing Data White Paper

We hope you find this white paper helpful, and be on the lookout for our next white paper coming in November: "Strategically Managing Your Indirect Rates."

Topics: cost and pricing data, certified cost or pricing data

ReliAscent® Newsletter Released - The National Defense Authorization Act and More

Posted by Tyler Link on Wed, Sep 12, 2018 @ 12:38 PM

ReliAscent® is happy to announce the release of our first newsletter of 2018!

This issue features articles on the National Defense Authorization Act, as well as a discussion on why the Federal Government is concerned with your firm's financial success.

2018 ReliAscent Newsletter

To download your copy of the newsletter, click here now!

As always: if you ever have questions about FAR & DCAA compliance, our services, or government contracting in general, please do not hesitate to call or email us at any time.

Topics: newsletter

Indirect Rates Reviews for Government Contractors

Posted by Tyler Link on Mon, Aug 27, 2018 @ 12:39 PM

Indirect Rates Reviews for Government Contractors

Are your Indirect Billing Rates Hurting Your Bottom Line?

Your Indirect Rates are critical for managing costs effectively and ensuring your business remains profitable.  However, if you don't know HOW to properly manage your indirect rates—or, if you're not making strategic modifications to their rates at the right times—you could be losing a lot of money. 

To help small business government contractors make the most of their indirect billing rates, ReliAscent offers the industry’s only, Free Indirect Rates Review.  This review provides contractors and grantees with sound, valuable advice about their indirect rate system & structure, can help them to understand and maintain DCAA compliance, and can help a small business use their rates as a financial engine to grow their company.

TO GET YOUR FREE INDIRECT RATES REVIEW, CLICK HERE NOW!

With just a little information about your company, our experts can complete your indirect rates review and schedule a call to discuss the path forward, should you need help fixing any errors detected.

We encourage small business federal contractors to take advantage of this helpful service, and as always, if you ever have any questions about FAR and DCAA compliance, or our accounting and contract management services for Federal Contractors & Grantees, please do not hesitate to contact us at any time.

 

Helpful Indirect Rates White Papers

Topics: Indirect rates, Indirect billing rates, indirect rates review, managing your indirect rates

New Funding Opportunity for Small Business from the US ARMY

Posted by Tyler Link on Thu, Jun 28, 2018 @ 02:15 PM

The Assistant Secretary of the Army for Acquisition, Logistics and Technology (ASA(ALT)) is announcing the Army Expeditionary Technology Search – xTechSearch – to be featured at the Association of the United States Army (AUSA) Annual Meeting in Washington, D.C., on October 8 - 10, 2018.

xTechSearch will highlight opportunities for small businesses and nontraditional defense partners to collaborate with the Army to tackle the most poignant Army modernization challenges. This opportunity is open to all Small Businesses based in the US, and focuses on key technology areas like long range precision weapons and firing capabilities, next gen. combat vehicles, and even areas like network and software engineering.

To learn more about this opportunity and/or submit proposals to the ARMY, download your copy of the xTechSearch RFI here, and complete the xTechSearch Registration Form  

We encourage all small businesses working in engineering and scientific fields to review the RFI, and participate in the program if your technology is applicable.  This is a valuable opportunity for Government Contractors, and even those small businesses that have never contracted with the Federal Government previously.

Good luck!

Topics: xTechSearch, US ARMY Small Business Funding

DoD SBIR/STTR 2018.2/B Closes Tomorrow, June 20, 8 PM ET

Posted by Tyler Link on Tue, Jun 19, 2018 @ 10:30 AM

2018.2-B SBIR-STTR BAA Open

The DoD SBIR/STTR 18.2/B BAA's are Closing Tomorrow at 8 PM ET.

 
ReliAscent would like to remind all contractors and grantees that the Department of Defense (DoD) SBIR/STTR 18.2/B Broad Agency Announcements (BAAs) will close tomorrow, Wednesday, June 20, 2018, at 8:00 p.m. ET. Be sure to submit proposals as early as possible to avoid potential complications which can arise due to the high volume of submissions tomorrow afternoon and evening.

All submissions must be made through the DoD SBIR/STTR submission portal, at https://sbir.defensebusiness.org/.


Put it on your Calendar: the DoD SBIR/STTR 18.3/C topics will Pre-Release on August 24, 2018. View the full BAA schedule here.

For any questions regarding the submission process, contact the DOD SBIR/STTR Help Desk Monday - Friday, 9:00 a.m. - 6:00 p.m. ET at 1-800-348-0787 or sbirhelp@bytecubed.com.

DCAA Compliance

Should your business win a Ph II award (or any other cost type contract that requires a DCAA compliant accounting system), remember to contact us first. ReliAscent is the only consulting firm in the country that offers not only DCAA compliant accounting systems and monthly accounting services, but also provides contract management, and business & financial consulting to Contractors/Grantees.  As a result, our team can help you to remain compliant in all aspects of your contract, stay profitable, and position your business for success in this highly-competitive industry.

Best of luck on your proposals, and as always, please feel free to contact us at any time to discuss DCAA compliance, our services, and government contracting!

Topics: 2018.2 SBIR, 2018.B STTR, DoD SBIR/STTR 2018.2/B

New SAM Registration Requirement for Federal Contractors & Grantees

Posted by Tyler Link on Wed, Jun 06, 2018 @ 12:42 PM

In case you hadn't heard, we wanted to notify all of our clients of news and a new requirement coming out of the GSA for all Federal Contractors and Grantees:

The GSA's System for Award Management (SAM) is supporting an investigation by the GSA Office of the Inspector General (OIG) into alleged, third-party fraudulent activity in SAM. At this time, only a limited number of entities registered in SAM are suspected of being impacted by this alleged fraudulent activity.  If you were affected the GSA has already notified you of the activity.  All other entities will need to take measures to comply with the GSA’s corrective action for prevention of future breaches.

What does this mean for you:

  • If you were affected by the fraudulent activity, GSA has already notified you, and you are required to submit an original, signed notarized letter identifying the authorized Entity Administrator for the entity associated with the Data Universal Numbering System (DUNS) number before the registration will be activated. GSA posted instructions for domestic entities and instructions for international entities for easy reference.
  • All new entities going forward that are registering in SAM for the first time are required to perform this step.
  • All existing SAM registrants are also required to perform this step when renewing or updating their registration.

While you are not required to perform this step until you perform your annual renewal, ReliAscent recommends all contractors and grantees take proactive measures and update this as soon as possible, as GSA anticipates (some) potential problems with payments in Q3 and Q4 as a result of this situation.  For more information on this please see the GSA website.

If you have any questions, please feel free to contact us at any time. We greatly appreciate your business, and are always happy to help.

Topics: SAM, GSA, GSA SAM Fraud Investigation