Is your 2014 Incurred Cost Submission still on your “to do” list? Do you often think it will take months for DCAA to notice you have not filed, so you still have time? Think Again.
DCAA published guidance on delinquent incurred cost submission in February 2014 and strictly applying the guidance. DCAA is only sending out one notification letter to contractors for submissions identified as 30 days overdue. If corrective action is not immediately taken a letter is issued to your Administrative Contracting Officer (ACO) to recommend decrementing your indirect rates. Keep in mind your …read more
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