Abstract

This is the essential reference to help federal contractors negotiate and maintain profitable contracts—and remain in compliance throughout the life of the contract. Government contracting rules and regulations have changed significantly over the past six years. This new third edition addresses these changes and more: New thresholds for certification of cost and pricing data Revisions in cost accounting standards Implementation of commercial time-and-material and labor-hour contracts New, stringent ethics requirements Impact of stimulus funding Revised cost principles, including excessive pass-through costs, post-retirement benefits, and travel costs Redirected audit initiatives based on the GAO review of DCAA Plus…changed requirements for bidding…pricing…cost accounting…subcontracting…contract modification…all the information you need to be in compliance with the new rules. No other single book provides as much up-to-date federal procurement cost and pricing information in such a concise - yet comprehensive - format. Contents Federal Government Procurement Methods • Types of Government Contracts • Accounting System Requirements • Cost Allowability • Principles—Selected Costs • Cost Accounting Standards • Developing Cost Estimates for Proposals • Contract Price Negotiation and Profit Guidelines • Truth in Negotiations • Contract Administration • Government Contract Audits About the Author Darrell J. Oyer, CPA, is president of Darrell J. Oyer Co., a consulting firm that provides accounting services and training to govern­ment contractors and federal government employees. He is highly experienced in devel­oping and reviewing contractor estimating systems, cost accounting structures, and cost control systems to ensure compliance with federal procurement requirements. Prior to forming his own firm in 1991, Mr. Oyer was a partner in the Deloitte & Touche govern­ment contracts advisory practice. Previously, he worked for the Defense Contract Audit Agency and the U.S. Air Force Auditor Gen­eral’s office.