Were you aware that winning and performing a federal government contact was only part of being a successful government contractor?  Many federal contract awards are contingent upon the determination of whether a contractor's accounting system meets the established requirements, follows specific written accounting policies, and maintains an accounting system that can perform specific cost, timekeeping, and billing functions.  Agencies conduct unique "financial health" audits prior to awarding some contracts.  Be proactive and be prepared!

This presentation will provide an overview of the Defense Contract Audit Agency including the responsibilities and duties.  The types of DCAA audits that can be performed throughout the various phases of a contract will be discussed.  Finally, participants will learn about the DCAA Internet resources and presentations that are available.

Along with an DCAA Overview, the following topics will also be presented:

 

Provisional Billing Rates

The presentation will provide an overview of provisional billing rates (PBR).  The purpose of PBR’s will be discussed along with the procedures for establishing the rates.  Participants will learn when the PBR’s should be submitted and the types of information that should be included in the PBR proposal.  The importance of billing rate monitoring will be emphasized along with common deficiencies that can occur when utilizing provisional rates.  The presentation will also cover example procedures that DCAA may perform when reviewing the rates.

Monitoring Subcontracts

The presentation will provide an overview of what a contractor should know about subcontracting: subcontract selection, subcontracting requirements, and the responsibilities of the prime contractor.  The applicable FAR requirements will be discussed as well as the business systems involved with monitoring subcontracts. 

What:    DCAA Overview, Provisional Billing & Monitoring Subcontracts

 

When:   Tuesday, November 24, 2020
 

Time:     10:00 a.m. – 12 Noon

 

Cost:      FREE 

© 2019 Contract Opportunities Center      

For Questions /  Contact us (915) 831-7749 or coc@epcc.edu

  • Grey LinkedIn Icon
  • Grey Facebook Icon

The El Paso County Community College District does not discriminate on the basis of race, color, national origin, religion, gender, age, disability, veteran status, sexual orientation, or gender identity.

The Contract Opportunities Center, which serves as a Procurement Technical Assistance Center (PTAC), is funded in part through a cooperative agreement from the Department of Defense (DOD) through a program that is administered by the Defense Logistics Agency (DLA). The content of any written materials or verbal communications of the PTAC does not necessarily reflect the official views of or imply endorsement by DOD or DLA.