DoD Raises Threshold for DCAA Proposal Audits

(excerpts from original article written by Darrell J. Oyer)

The following is a direct quote from the DCAA guidance on this topic (emphasis added):

As part of the Department’s efforts to appropriately align DCAA audit resources to those areas with the greatest risk, the DFARS Procedures, Guidance and Information (PGI), has been revised to limit contracting officers’ requests for DCAA audit assistance to Fixed-Price proposals exceeding $10 million and Cost-Type proposals exceeding $100 million, unless there are exceptional circumstances explained in the request for audit. When future requests for audit are associated with prime contractor proposals below the revised thresholds, FAO management personnel should generally refer the requestor to the Defense Contract Management Agency (DCMA) for appropriate field pricing assistance.

The revised thresholds do not apply to assist audit requests requested by another DCAA office. Assist audit requests below the PGI thresholds shall be completed using appropriate audit procedures for incorporation into the higher level audit report.

Auditors will complete all in-process price proposal audits that are below the revised thresholds. The revisions to the PGI do not impact the requirement for cost or pricing data as that threshold remains at $700,000 as of October 1, 2010.

Read more: DoD Raises Threshold for DCAA Proposal Audits

BKH, LLC teams with PA&E Global, Iowa Career Connections, and an international service firm

PRESS RELEASE

 

Washington, DC – 16 June 2010

BKH, LLC (BKH), has teamed with Iowa Career Connections, PA&E Global, and an international service firm in response to the U.S. Treasury Office of Financial Stability’s (OFS) Omnibus solicitation.  Proposals were submitted on June 16th to Treasury’s Procurement Services Division.

The goal of the solicitation is to provide financial support services and consultation to the OFS in their management and administration of the Troubled Assets Relief Program (TARP) as established under the Emergency Economic Stabilization Act of 2008 (EESA), and in other Treasury financial programs and initiatives.

“We are very excited about having an opportunity to bring large and small business together on such an important mission to aid in the oversight of Government recovery dollars,” says BKH Managing Director, Bob Greco.

“The competition is tough,” said Barb Ferneyhough, BKH’s President and Managing Director, “but we have taken a unique approach to answering the small business interest the OFS has expressed so that we can aid them in meeting all of their contracting goals, plus we have a deep team member in our large business international teaming partner so that our team can handily meet any requirement OFS may experience that would be suitable for a large or a small business.  We are positive this will provide the competitive performance and financial edge that the government seeks in solicitations of this nature.”

Conveniently located in the DC, metropolitan area, BKH is a woman-owned, small business that specializes in providing financial, business management and consulting services to the government and to government contractors.

Contact:

Barb Ferneyhough

This email address is being protected from spambots. You need JavaScript enabled to view it.

1831 Prescott Drive
Vienna, VA 22180
540-514-9997

www.bkhus.com

 

BKH, LLC teams with PA&E Global to bid on the Department of Veteran’s Affairs T4 Solicitation

PRESS RELEASE

Washington, DC – 1 September 2010

BKH, LLC (BKH), has teamed with PA&E Global, a Maryland based, Service Disabled Veteran Owned (SDVO) organization and several other IT related entities in response to the Department of Veteran’s Affairs (VA) TRANSFORMATION TWENTY-ONE TOTAL TECHNOLOGY (T4) solicitation.  Proposals were submitted at the end of August 2010 to the VA.

The goal of the solicitation is to provide technical, systems engineering and other solutions encompassing a broad range of IT requirements by engaging industry partners to support the VA in delivering high-quality IT solutions and services that meet the VA’s needs for mission support and IT infrastructure transformation, as well as IT support requirements of other Federal Agencies, and potentially state and local governments.  Further, this solicitation had to be primed by Veteran Owned or SDVO businesses.

“BKH is honored to have been included on the PA&E team,” said Barb Ferneyhough, BKH’s President and Managing Director.   “PA&E recognized the value add that BKH brings to the table in program and financial management, and allowed us the opportunity to demonstrate our superior capabilities to the VA in this area.”

“We played an integral part in preparing sample task orders as part of the proposal submission and providing several key financial, other technical and administrative labor category support functions. We are optimistic and look forward to a contract award as well as confident in our ability to support this effort,” said Bob Greco, Chief Operating Officer and Managing Director.

Conveniently located in the DC, metropolitan area, BKH is a woman-owned, small business that specializes in providing financial, business management and consulting services to the government and to government contractors.

Contact:

Barb Ferneyhough

This email address is being protected from spambots. You need JavaScript enabled to view it.

1831 Prescott Drive
Vienna, VA 22180
540-514-9997

www.bkhus.com

BKH Core Competencies

  • 1
  • 2