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!  


 

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

Posted by Tyler Link on Mon, Jun 06, 2016 @ 03:10 PM

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 weeks:  Your Incurred Cost Proposal/Submission (ICE) is Due No Later Than June 30th   (per FAR 52.216-7). 

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Topics: ICE, Incurred Cost Submission, incurred cost audit, incurred cost proposal, ICE submission


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!

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


DCAA Updates the ICE

Posted by Mike Anderson on Mon, Dec 14, 2015 @ 01:30 PM

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 proposals in accordance with FAR 52.216-7

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Topics: ICE, Incurred Cost Submission, incurred cost audit, incurred cost proposal, ICE model, DCAA ICE


Managing your Incurred Cost Proposal year round

Posted by Mike Anderson on Wed, Jun 27, 2012 @ 03:47 PM

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 much like the sigh we hear after April 15th in many CPA offices.  The important thing to remember, however, is that you can actually help reduce your pain next year by monitoring your rates through the year. 

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Topics: ICE, Year end indirect rates, Incurred Cost Submission


The Season for the Incurred Cost Submission (ICE)

Posted by Mike Anderson on Tue, Jun 19, 2012 @ 05:02 PM

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 of the Contractor's fiscal year.  For most small businesses, the fiscal year coincides with the calendar year which means the submission is due at the end of the following June.  Well, here we are at the end of June!  I must say that we are experiencing a heavy workload in helping clients comply with this regulation at this time.  But what if you just can't get it done in time, or realized too late that it is due now?  What recourse do you have?  The government will grant extensions to file these submissions if requested in writing to the CO and support their request with adequate supporting data. 

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Topics: ICE, Incurred Cost Submission, DCAA audit, Indirect rates


Monitor your subcontractor's Incurred Cost Submissions

Posted by Mike Anderson on Fri, Mar 30, 2012 @ 10:34 AM

Thank you for following our Blog. Please don't hesitate to offer comments on our blog.

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Topics: Incurred Cost Submission, DCAA compliance