Contract Closeout Webinar Follow-up: Questions? Aronson Answers

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As a follow-up to Aronson’s webinar on “Contract Closeout Best Practices,” Aronson LLC government contracting specialists Tom Marcinko and Donna Dominguez have prepared answers to several attendee questions:

“What happens if, after an incurred cost submission audit, a contractor is owed money, but there are no more remaining funds on the contract? Are we out of luck?”

Unfortunately, the answer is yes. The government is legally obligated to pay you up to the funded value of your contract, so it is imperative that management operates and manages the project to that value. Last year, we held a webinar titled, “<a target="_blank" …read more

Read more here:: Government Contracting

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