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Vendor/Subcontract Files- Document, Document, Document!
A well-documented justification for an award is crucial for ensuring compliance with procurement regulations as well as transparency and fairness. Here are some key elements for a comprehensive justification document: Introduction: Start with an introduction that provides context for the procurement decision. Include details such as the name of the solicitation, the purpose of the procurement, and the background of the project or requirement. Selection Criteria: Clearly o

Lynne Moritz
Apr 132 min read
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Spring Means ICS Season!
For Government contractors with a cost reimbursable contract, spring typically means that it’s time to prepare your Incurred Cost Submission (ICS.) The purpose of this submission is mainly for the purpose of trueing-up actual costs to amounts that have been billed. Sounds simple enough, but the ICS requires 15 complex schedules to meet this objective. Who must file? Any company with a contract containing FAR the Allowable Cost and Payment Clause 52.216-7 is subject to the IC

Deirdre Bond
Apr 22 min read
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How Government Shutdowns Impact Small Government Contractors: Challenges & Survival Strategies
Introduction When the U.S. government shuts down due to a lapse in funding, the effects ripple far beyond federal employees and Capitol...

Lynne Moritz
Oct 1, 20253 min read
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Be Proactive, not Reactive
Proactive Compliance saves time and money.

Lynne Moritz
Oct 6, 20242 min read
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