DCAA COMPLIANCE BLOG

NEWS, HELPFUL TIPS, AND DISCUSSION WITH INDUSTRY EXPERTS

When Can You Bill the Client for the Revised Final Actual Rates Each Year?

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A visitor to our website posted an interesting question this morning on one of our "Ask A Question" / "Can't Find What You're Looking For?" forms (found throughout our website), and we wanted to share it...

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It’s June – Are You Done With Your ICE?

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We would like to remind all Federal Government Contractors that if you had a cost reimbursable type contract in 2015, and your FY ends on December 31st, you are facing a critical deadline in less than 4...

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DCAA Updates the ICE

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The Defense Contract Audit Agency (DCAA) has just released an updated version of the Incurred Cost Electronically Model (the standard ICE submission) for contractors preparing adequate incurred cost...

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Government Voucher Audits

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There has been a trend in the last 5 years that the DCAA is auditing fewer of the annual Incurred Cost Proposals (ICP's). This is based on the shear backlog as well as the risk factor to the government....

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Incurred Cost Report time

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At this time every year I start to think about Incurred Cost Reports. Just like I start to think about my personal income taxes at home right after the holidays. Most companies will have until the end of...

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Managing your Incurred Cost Proposal year round

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Now that we are reaching the end of the "incurred cost proposal" season for most contractors (contractors whose fiscal year ends December 31st), most accountants are breathing a sigh of relief. This is...

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The Season for the Incurred Cost Submission (ICE)

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The Federal Acquisition Regulations (FAR Para 52.216-7) require that the Federal Contractor submit an "adequate final indirect cost rate proposal" to their Contracting Officer within 6 months of the end...

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