by GovCon365 | Jul 2, 2020 | Blog, FAR, Government Contracting
SUMMARY: This article provides a comprehensive overview of Contractor Purchasing System Reviews (CPSRs), explaining the regulatory requirements under FAR and DFARS, the detailed six-step execution process by the DCMA, and how Microsoft Dynamics 365 automates...
by GovCon365 | Jun 9, 2020 | Blog, Government Contracting
As the COVID-19 pandemic progresses, the challenges facing government contractors are presenting unique changes in operations. While those changes haven’t all looked the same, there are a few commonalities that we’ve seen from client to client and how...
by GovCon365 | May 21, 2020 | Blog, DCAA
SUMMARY: Government contractors must distinguish between the design-focused SF 1408 survey and the comprehensive, transaction-based Accounting System Review (ASR) to ensure compliance with DCAA standards and secure federal funding. The SF 1408 Pre-Award Survey...
by GovCon365 | Apr 16, 2020 | Blog, Compliance, DCAA
SUMMARY: The SF 1408 pre-award survey functions as a critical evaluation tool for the Defense Contract Audit Agency (DCAA) to verify that a government contractor’s accounting system can accurately accumulate and allocate costs before a contract is awarded....
by GovCon365 | Mar 24, 2020 | Blog
SUMMARY: The Service Contract Act (SCA) mandates that federal contractors and subcontractors performing services within the U.S. on contracts exceeding $2,500 must compensate employees with locally prevailing wage rates and fringe benefits to ensure fair labor...
