Category Archives: Cost Principles

2017 NDAA Creates New Defense CAS Board

The National Defense Authorization Act for Fiscal Year 2017 (PL 114-328) establishes a new Cost Accounting Standards Board specific to the Department of Defense. Section 820 of the NDAA adds 10 USC 190 to create a seven-member panel chaired by … Continue reading

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DFARS Rule Clarifies Allowability of Costs Related to Counterfeit Electronic Parts

The Department of Defense has finalized its proposed rule addressing the allowability of costs of counterfeit electronic parts or suspect counterfeit electronic parts and the cost of rework or corrective action. The final rule in DFARS Case 2016-D004 amends the … Continue reading

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Executive Compensation Benchmark Amount Increased

An Office of Management and Budget, Office of Federal Procurement Policy, notice sets the maximum executive compensation benchmark amount allowable under government contracts for fiscal years 2013 and 2014 at $980,796 and $1,144,888, respectively. As required by Section 39 of the … Continue reading

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Negligent Audit Claim Barred by Discretionary Function Exception

The District Court for the District of Delaware granted the government’s motion to dismiss for lack of jurisdiction because a contractor’s allegations the Defense Contract Audit Agency violated the Federal Tort Claims Act were barred by the discretionary function exception. … Continue reading

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DoD Issues Forward Pricing Rate Proposal Adequacy Checklist

A final rule issued by the Department of Defense amends the Defense Federal Acquisition Regulation Supplement to provide guidance to contractors on submitting forward pricing rate proposals. The DFARS Case 2012-D035 rule seeks to ensure that FPRPs are thorough, accurate, and complete. Revised DFARS 215.403-5 directs contracting officers … Continue reading

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Environmental Remediation Contractor to Pay $2.72 Million to Resolve Bid-Rigging and Kickback Claims

The Department of Justice has announced that Sevenson Environmental Services Inc., an environmental remediation firm based in Niagara Falls, New York, has agreed to pay more than $2.72 million to resolve allegations that it violated the False Claims Act and … Continue reading

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OFPP and DoD Seek Input on Allowable Employee Compensation

The Office of Federal Procurement Policy and the Department of Defense seek public input for a report to Congress on alternative measures of allowable reimbursement for the compensation of contractor employees. The report is required by section 702 of the … Continue reading

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