Simplified Acquisition Procedures (SAPs) provide techniques designed to streamline the contracting process and, thus, reduce the turnaround time and administrative burden. They apply to lower dollar value (generally below $100K) procurements; which comprise the vast majority of government Acquisitions. SAP does not exclude competition; but does permit simplified evaluation & award procedures. It allows informal quoting and competition procedures, encourages accepting oral quotes vice … [Read more...]
Susan Quinlan: DCAA Compliance Consultant
Susan Quinlan is a seasoned DCAA compliance consultant, with deep industry experience. She has over 25 years of diverse contract audit, program oversight and program management experience with the DCAA and the Federal Government. She held all levels of audit positions with the Defense Contract Audit Agency (DCAA) including field office positions as Auditor and Supervisory Auditor and Headquarters positions as Program Manager and Division Chief. In her field audit office positions she performed … [Read more...]
Tareq Abdeen: Corp_Pro℠ Database Administrator
Tareq has over 17 years of experience in Corp_ProSM server and network support, as well as database, web, and API development. Tareq primarily oversees the development and organization of the Corp_Pro databases by working hand-in-hand with architecture, application development, and operations to ensure ultimate system reliability. Tareq’s unique vision has helped achieve a state-of-the-art accounting environment that meets current and future business objectives. … [Read more...]
Ramona Baumann: Virtual Comptroller
Ramona oversees all accounting services for Corp_Pro℠ clients including payroll, payables, receivables, and virtual comptroller. Mrs. Baumann joined PDS in 1986 and became vice president in 1989. Since that time she has been responsible for all back office operations including HR, finance, accounting, tax reporting, DCAA reporting, and contracts management in addition to her client responsibilities. Mrs. Baumann has more than 35 years of experience in government contract accounting both … [Read more...]
Paul Baumann: Business Consultant
Paul has more than 40 years of experience in government contracts, accounting, and small business management. Mr. Baumann is an expert in DCAA compliance and government contract accounting. He has authored and conducted numerous training courses in government contract accounting and has helped many clients set up their accounting systems, understand their costs, prepare budgets and cost proposals, and comply with DCAA regulations. Mr. Baumann is a recognized expert in job costing and modeling. … [Read more...]
Why are there CLINs?
One of the more confusing aspects of government contracts is the presence of contract line item numbers (CLINs). They often seem to have no relationship to the tasks you’ve been asked to perform or the commodities you’ve have been asked to provide. Thus, they require you to break out your invoices in weird ways that add cost and complexity to your accounting for no apparent reason. So, why are they required? CLINs are specified in the FAR part 4.10. They serve two purposes: (1) they break the … [Read more...]
What the Heck is DCAA Compliance?
Accounting for government contracts is unique because many of their contracts are cost reimbursable. That is, you are reimbursed based on costs you incur in performing the contract. This requires your accounting to be set up so as to facilitate verification of your costs. The government does this by conducting audits. Compliance means being able to demonstrate that the costs you claim to have incurred were in fact incurred and that the prices you present in your invoices or cost proposals are … [Read more...]
