Proposal Adequacy & Monitoring Subcontracts

Are you DCAA compliant? A major part of government contracting is ensuring your business processes and systems are compliant with the Defense Contract Audit Agency. This class will explain PROPOSAL ADEQUACY AND MONITORING SUBCONTRACTS.PROPOSAL ADEQUACY: The presentation will provide an overview of how proposal adequacy is determined through discussions on FAR Part 15, Table 15-2 and DFARs 252.215-7009. The presentation will discuss proposal adequacy requirements for cost elements such as Direct Labor, Material, Subcontracts, Other Direct Costs (ODCs), and Indirect Rates. Finally, participants will learn about historical data considerations, FAR Part 31 Unallowable Costs, common proposal deficiencies, and regulatory resources to assist with proposal development. (2 hrs) 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. Participants will learn what information is required to be submitted with the annual incurred cost submission and what the subcontractor will need to provide to the prime. Finally, common deficiencies and frequently asked questions will be provided. (45 min) ABOUT THE INSTRUCTOR Joseph Greger is the Small Business Program Manager at DCAA Headquarters in Fort Belvoir, Virginia. In this capacity, he serves as the program manager and audit expert for the small business program with a responsibility to provide assistance, consultation and internal control with regard to audit requirements and their application to small business.