It’s that time of year again, and even though many small businesses are preparing for the chaos of tax season, ReliAscent would like to remind all Federal contractors that another important deadline will be here before you know it: DCAA ICE Submissions.
If you’re a small business Federal contractor with a cost reimbursable type contract in 2016, your ICP/ICE is due 6 months after the end of your FY (per FAR 52.216-7). Given the average ICE submission can take as long as a month or more, you will want to begin collecting the necessary information for your ICE, and making arrangements with your accounting department (our outsourced DCAA accounting firm, like ReliAscent).
Just like you don’t wait until April 1st to select your accountant and start your tax return, you should not wait any longer to select a qualified government accounting group to help you with your Incurred Cost Submission. The experts at ReliAscent have completed thousands of Incurred Cost Proposals for contractors over the last 20+ years, and can alleviate the stress of this process.
ReliAscent also has a number of helpful ICE resources for contractors: