Tag Archives: MRD

DCAA to Include Non-profits in Low-Risk ICS Sampling

In November 2014, the Defense Contract Audit Agency (DCAA) issued a Memorandum for Regional Directors (MRD) stating that, effective immediately, incurred cost proposals from non-profit organizations would be included in the low-risk sampling process. Continue reading DCAA to Include Non-profits in Low-Risk ICS Sampling

DCAA Updated Audit Guidance on the Treatment of Overdue Indirect Rate Proposals

On February 12, 2015, the Defense Contract Audit Agency (DCAA) issued a Memorandum for Regional Directors (MRD) with new guidance for the DCAA and Defense Contract Management Agency (DCMA) on how to handle the growing backlog of overdue contractor indirect rate proposals (also known as incurred cost submissions or ICSs). In keeping with FAR 42.703-2(c) and FAR 42.705(c), DCMA will start to unilaterally establish contract costs for the overdue fiscal years starting in June 2015. Continue reading DCAA Updated Audit Guidance on the Treatment of Overdue Indirect Rate Proposals

Audit Alert on Evaluating the Adequacy of Cost Impact Proposals

On September 19, 2014, the Defense Contract Audit Agency (DCAA) issued a memorandum for regional directors, “Audit Alert on Evaluating the Adequacy of Cost Impact Proposals,” referencing a DCAA Cost Impact Adequacy ToolContinue reading Audit Alert on Evaluating the Adequacy of Cost Impact Proposals