DCAA Compliance Blog

Your Source for DCAA News and Information for Contractors

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!  


 

Incurred Cost Submission Deadline Looming...

Posted by Tyler Link on Tue, May 10, 2016 @ 02:01 PM

It’s that time of year again (I know, I know), and even though your small business is just getting over the chaos of tax season, ReliAscent would like to remind our clients and all federal contractors that another important deadline is rapidly approaching: your Incurred Cost Proposal/ICE Submission is (more than likely) due on June 30th!

If you’re a small business Federal Contractor that had a Cost Reimbursable and/or Time & Material (T&M) type contract in 2015, 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 4+ weeks, you need to get started on this process ASAP!

Just like you don’t (or at least you shouldn'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 take the headache out of the process for you (for those of you that have ever seen the ICE, you know what I mean).

Call us today to get started. But hurry---slots are filling up fast and June 30th will be here before you know it!

 

Topics: Incurred Cost Submission, incurred cost report, incurred cost proposal, DCAA ICE, ICE submission