Tag: compliance
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Many contract obligations start the day of award. Here is a checklist of compliance tasks new federal contractors commonly need to set up in the first month of a new contract.
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Year-end awards arrive fast and sometimes differ from what you offered. Here is a checklist for reviewing an award or order before you sign it or start work.
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A prime contractor must pass certain federal requirements to its subcontractors. Building a flowdown matrix before fourth-quarter awards lets you issue accurate subcontracts quickly when work begins.
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A 2018 law bars agencies from buying certain telecommunications equipment and from contracting with firms that use it. Here are common misconceptions about Section 889 and what the rule actually requires.
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Equipment and materials the government provides or pays for remain its property and come with record-keeping and care obligations. Here is how FAR Part 45 works in general terms.
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Before awarding a cost-reimbursement contract, agencies must be satisfied that a contractor’s accounting system can track costs properly. Here are the questions the SF 1408 asks and how to prepare.
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A Civil War-era law remains the government’s main civil tool against false billing and certifications. Here is how the False Claims Act works in general terms and what a mid-year compliance check should cover.
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Contractors with cost-reimbursement contracts generally must submit final indirect rate proposals within six months after each fiscal year. For calendar-year firms, that deadline is June 30.
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A GSA Schedule needs regular care to stay useful. Here is a mid-year maintenance routine covering modifications, catalog accuracy, sales reporting and the records GSA may review.
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Labor is the largest cost on most government contracts and leaves no physical trace, so auditors treat timekeeping as the foundation of your accounting system. Here is what a compliant system looks like.