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ASBCA Decides Materiality of CAS Cost Impacts, Finds Abuse of Discretion and Leaves Door Open to Offsets

USA - September 9 2016 In a case of first impression, the Armed Services Board of Contract Appeals (ASBCA) recently held that a contracting officer abused her discretion by…

Stuart W. Turner

FY17 NDAA Penalties for Cost-Type Contracts and Preference for Fixed-Price Contracts

USA - June 14 2016 The US Senate Armed Services Committee’s (SASC) recent proposals to restructure defense acquisition, which were adopted by the full Senate today…

Charles A. Blanchard, Emma K. Dinan

View from Senior In-House Executives: Preparing for Intensive Incurred Cost Audit Backlog Reduction Initiatives Post-NDAA

USA - June 14 2016 With increasing audit pressure, now is the time to implement best practices into your business systems, forward pricing rate proposals and incurred…

Senate Proposes Yet Another Cost Accounting Standards Board for Government Contractors

USA - May 25 2016 The Senate Armed Services Committee (Committee) has recommended establishment of a new Cost Accounting Standards (CAS) Board to be housed within the…

DoD Seeks to Curtail Use of Independent Research and Development

USA - February 10 2016 As a follow-on to its series of Better Buying Power (BBP) initiatives, the Department of Defense (DOD) has issued an advance notice of proposed…

Mark D. Colley