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Accounting Impacts of NDAA 2018

Each year brings about new budgets and new National Defense Authorization Acts (NDAA). NDAAs address funding, strategic plans, and rules affecting the defense acquisition process. NDAA 2018 is no exception and here are the highlights regarding cost, price, and accounting. The NDAA 2018 raises the thresholds for a number of procurement regulations reflecting a recognition…

Commercial Item Updates in NDAA 2018

Each year brings about new budgets and new National Defense Authorization Acts (NDAA). NDAAs address funding, strategic plans, and rules affecting the defense acquisition process. NDAA 2018 is no exception and here are the highlights regarding cost, price, and accounting. The NDAA includes a number of provisions that reinforce the Congress’ commitment to the acquisition…

Davis-Bacon Act vs. Trump's Looming Litmus Test

There is a lot of talk these days that the only proposal for which we are likely to see bipartisan support is President Trump’s promise to rebuild the nation’s infrastructure.  According to Trump’s website (www.donaldjtrump.com),  “Infrastructure investment strengthens our economic platform, makes America more competitive, creates millions of jobs, increases wages for American workers, and…

Federal Contractors’ Obligations With Prevailing Wage and Fringe Benefits

Unique compensation requirements apply to federal contractors. In the construction sector, the Davis Bacon Act (DBA) requires covered contractors and subcontractors to pay a specific prevailing wage and fringe dollars for each hour an employee works on a covered job site. The regulations are difficult to understand for the non-initiated. Luckily, Lind Sawyer of Capital…

Teaming to Win

Join me at Teaming to Win: Small Business Conference Advancing & Improving Small Business Prospects in West Virginia May 27 – 29, 2015, as I present two topics: What NCMA Can Do for You Thursday, May 28, 10:30 AM – 11:30 AM Contract management is an essential business management function. 20,000 members strong, the National…

Subcontract Management from A to Z

Join me in Norfolk as I present NCMA’s “Subcontract Management from A to Z” on May 15, 2015. Click the image below for the PDF or this link for full details.