Category Archives: Regulations

DFARS Proposed Rule on Counterfeit Detection

fake_ipod

In today’s Federal Register, the DoD is proposing a few rules, but two in particular jumped out at me as something I should make sure my network knows are out there.  We will cover the DFARS proposed rule on Counterfeit … Continue reading

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The STEM Wilted Before it Had Time to Grow

wiltedflower

As reported in TOMORROW’s edition of the Federal Register, the DoD will be cancelling the STEM proposed rule.  I had reported on this proposed rule  about a month ago.  Additionally, I have noted a trend throughout government to push STEM … Continue reading

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DFARS Proposed Checklist Rule Becoming Final

DFARS Proposal Adequacy Checklist

Once upon a time there was a proposed rule (back in late 2011) with comments through January 2012.  The rule dealt with adding a proposal adequacy checklist to the never-ending stream of required documents for DOD contract compliance.  Many people looked … Continue reading

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STEMming Growth for the Future Through Proposed DFARS Rule

STEM_logo

If you follow me on Twitter, you may have noticed I recently finished a book on Big Data.  It was a slow read in parts, but it really hits home on the amount of data that is out there and … Continue reading

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Selected Cost Series #1 (FAR 31.205-1)

Buy Buy Buy!

Public Relations and Advertising Costs The first cost “selected” tends to be one to give heartburn to contractors and auditors alike.  I can remember sitting in Technical Indoctrination at the DCAA Contract Audit Institute in Memphis, TN back in 2000 … Continue reading

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FAR 31 Series (Part 4, Credits and Accounting for Unallowables)

rebate

Although I initially skipped this section, I believe touching on it can provide some insight to the “logic” of the government allowability criteria. Credits The government is entitled to its share of everything (see also Income Taxes).  The same can … Continue reading

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Gov Cannot Sell to Upside-Down Corporation?

CorporateBuilding

In the most recent FAC 2005-65, a FAR rule was issued as final related to so-called “inverted domestic corporations.”  My first thought was perhaps this upside-down companies were like home owners that are upside-down in their mortgage.  This made me … Continue reading

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