June 23, 2022: “Significant Regulatory and Litigation Developments—from Bid Protests to Vaccine Mandates—and Beyond”

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Justin A. Chiarodo will serve as a panelist at American Conference Institute’s 13th Advanced Forum on DCAA & DCMA Cost, Pricing, Compliance & Audits, being held June 22 and 23, 2022, in Arlington, VA.

Justin’s session, “Significant Regulatory and Litigation Developments—from Bid Protests to Vaccine Mandates—and Beyond,” will take place on Thursday, June 23, from 11:50 a.m. to 12:45 p.m.

For more details, visit our website.

Renewed Focus on Contractor Business System Reviews

Sara N. Gerber

According to a recent U.S. Government Accountability Office (“GAO”) report, the Defense Contract Audit Agency (“DCAA”) and the Defense Contract Management Agency (“DCMA”) have taken certain steps to improve the contractor business system (“CBS”) review process and are forecasting that CBS reviews will increase significantly over the next four years. Contractor business systems include a contractor’s accounting, earned value management, estimating, purchasing, material management, and property management systems. These systems require contractors to maintain internal controls that, as GAO noted, “act as the first line of defense against fraud, waste and abuse of federal funding.” Given their importance, the renewed focus on ensuring CBS reviews are conducted in a timely and consistent manner is not surprising, and contractors should prepare for a new wave of audit activity. Continue reading “Renewed Focus on Contractor Business System Reviews”

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