Category Archives: General
FAR 31 Series (Part 3, Direct and Indirect Costs)
As we close in on the specific examples of allowable and unallowable costs in FAR 31.205, I wanted to discuss FAR 31.202 and FAR 31.203 dealing with Direct and Indirect costs. Direct Costs With direct costs, the regulation goes with an … Continue reading
Posted in Cost Principles, General
Tagged allowability, direct costs, FAR 31, indirect costs
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FAR Cost Principles Series (Part 2, Allowability, Reasonableness, and Allocability)
As a former DCAA auditor, it was a primary goal for my position to find and report unallowable costs. Recently, I have been hearing a lot more from the community in terms of making FAR 31.2 easier to understand. This is pat 2 … Continue reading
Posted in Cost Principles, General
Tagged allocability, allowability, costs, FAR 31, GovCon 101, reasonableness, unallowable
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CCH Update from Washington DC – Feb 4, 2013
A recent snippet from a “sister blog” within Wolters Kluwer – the CCH Weekly Report from Washington, DC Congress The Senate on January 31 approved the No Budget, No Pay Act of 2013 (HR 325), a bill that will raise … Continue reading
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FAR Cost Principles Series (Part 1, Total Cost)
As a former DCAA auditor, it was a primary goal for my position to find and report unallowable costs. Recently, I have been hearing a lot more from the community in terms of making FAR 31.2 easier to understand. So, … Continue reading
Posted in Cost Principles, General
Tagged compliance, cost principles, DCAA, FAR 31, GovCon 101, total cost
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Requests for Information
As promised, I wanted to take a second to talk about Requests for Information (RFI) from the government. In an effort to curb spending, the government may begin to use these gems a little more. Normally, an RFI solicits input … Continue reading
Almost Big Brother, Almost…
I came across an article in Government Executive that made me smile for a minute. While government contractors wonder about spending cuts and contract stoppage, Congress continues to fight the debt battle. A recent bill (HR 325) aims to extend … Continue reading
Government Going “Old School”
Back to basics has been a little mantra of mine recently. I have noticed more and more variations on a theme that really have seemed to complicate what would otherwise be straight-forward business concerns. Over-complicated solutions to Business 101 concepts tends … Continue reading
