What we do
We consult with clients regarding complex cost allowability matters and establish policies for minimizing risks of noncompliance.
What we did
A multi‐billion dollar government contractor received penalties from its first incurred cost proposal audit for the inclusion of unallowable costs in its claimed cost pools. We assisted this client by developing policies and procedures that incorporated compliance with the FAR restrictions including salary limitations, expense reporting and the use of per diems as set by the government for as the basis of allowable cost. Our consultants assisted the company in training its employees on the new policies and procedures to reduce or eliminate unallowable cost in future incurred cost proposals.