Tag Archives: DoD

What’s on Tap for the DCAA in 2017?

What’s in store for the Defense Contract Audit Agency (DCAA) in Fiscal Year (FY) 2017 you may ask? At a recent NCMA dinner, there were a number of key points discussed by the Director of DCAA that contractors should pay close attention to. Areas of focus included strategic priorities in FY2017, the outcome of the FY2016 National Defense Authorization Act (NDAA), and interests of the DCAA in the FY2017 NDAA.

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LPTA Out, Fixed Price Contracts In

The National Defense Authorization Act for Fiscal Year 2017 (FY17 NDAA), signed into law by President Obama on December 23, includes limitations on a low price evaluation methodology and a preference for fixed price contracts that could have a significant impact on the way the Department of Defense (DoD) procures goods and services in the coming years. The FY17 NDAA also featured changes to the task order protest jurisdiction, which we outlined in this blog post.

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DoD Launching New Website to Help Industry Comply with Independent R&D Disclosure Rules

revenue recognition

By Federal News Radio

In what appeared to be a response to industry complaints that new Defense Department rules would disincentivize companies from embarking on new research projects on their own initiative, the Pentagon is developing a new web portal to make it easier for firms to let the government know about their independent research & development (IR&D) activities.

At issue is a final rule DoD published in November. Reasoning that the government needs more insight into the more than $4 billion in reimbursements it issues to contractors for IR&D projects each year, DoD required large firms to hold a “technical interchange” with at least one DoD official before starting work on a R&D project — at least if they wanted to be reimbursed for their allowable costs.

Continue reading at Federal News Radio

DoD Issues Final Rule on Cyber Incident Reporting for Contractors

revenue recognition

The Department of Defense (DoD) recently issued its Final Rule outlining the mandatory cyber incident reporting requirements for DoD contractors and subcontractors, as well as other members of the Defense Industrial Base (DIB) (entities with grants, cooperative agreements, other transaction agreements, technology investment agreements, and any other type of legal instrument or agreement) doing business with the DoD.  The new Rule takes effect on November 3. 

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DCAA Skeletons Come Out to Play!

The ban on using DCAA staff for non-DoD agencies has been lifted.  DCAA may once again provide full audit support to other agencies effective October 1, 2016, as posted on September 30th as a Memorandum for Regional Directors (MRD).

DCAA lifted the ban because they reached their 18 month goal to reduce the Incurred Cost Submission (ICS) inventory.

What will this mean for contractors?  Will halted previous agency audits rise from the dead?  Or will DCAA review accounting and business systems for upcoming proposals? Time will tell if this is more of a sweet treat or terrible trick.

For more information about Aronson please contact Donna Dominguez at ddominguez@aronsonllc.com or (301) 222-8232.

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