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!  


 

Do You Know When To Change a Contract? Or How?

Posted by Tyler Link on Fri, Apr 14, 2017 @ 09:30 AM

Sometimes, we find that our clients (and government contractors in general), can get so focused on their direct work that contract management/administration is an afterthought.  We also see this in relation to accounting & DCAA compliance (but that is a different, yet related, topic).  When contractors overlook how they manage their contract(s), they are setting themselves up for potential problems including scope creep or changes in the market place that can completely wipe out their profits. 

To see if you are at risk of this same problem, ask yourself if the following sounds familiar:

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Topics: contract management, dcma compliance, contract change orders


Government Contracting & the risk of Withholding Payments

Posted by Mike Anderson on Fri, Apr 11, 2014 @ 04:46 PM

The Federal Government has specific instances when they can withhold payment of money owed to Government Contractors.  Many companies that are in the business of government contracting do not fully realize what this means and they can be surprised when they do not receive the full amount they are due at the time they think they are due the funds.  After all, the Federal Government is the world's largest purchaser of goods and services and have an excellent credit rating.  There are costs associated with dealing with this customer, however.

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Topics: Administrative Contracting Officer, government contractor, Withholding Payments, contract management


What is the difference in the DCAA and the DCMA?

Posted by Mike Anderson on Mon, Nov 18, 2013 @ 03:25 PM

Earlier this year I was asked to participate in a webinar to cover the difference between the DCAA and the DCMA as well as describe what each agency did.  The audience was a group of companies that were Small Business Innovation Research (SBIR) award winners.  I think this may get confused for a number of people that do business with the Federal Government and so worth a little time today to discuss.  Both of these agencies originate from the Department of Defense and are primarily concerned with helping the Department of Defense handle their contracting business.  So what are the differences?

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Topics: DCMA, DCAA compliance, DCAA, DCAA audit, contract management, DCMA DCAA, DCMA vs DCAA, DCAA vs DCMA