Understanding Unallowable Cost so You Don t Pay the Price



Similar documents
INSTRUCTION NUMBER August 22, 2008

SUBCHAPTER G CONTRACT MANAGEMENT PART 842 CONTRACT ADMINISTRATION AND AUDIT SERVICES

Department of Defense INSTRUCTION

As the Defense Contract Audit Agency slowly

The Cost Accounting Standards and Consequences of Noncompliance

MEMORANDUM OF UNDERSTANDING Between Defense Contract Audit Agency and Department of Homeland Security

Surviving a DCAA. Audit. Nicole Mitchell, CPA Director Aronson LLC. March 29, 2011

Government Contracting in 2015: Balancing Risks to Reap Rewards - Compliance Update

DCAA Audit R 4 Rights to Records, Requirements & Remedies

Accounting System Requirements

The Changing Government Contractor Environment

GRANTS MANAGEMENT. After completing the module, you will have a working knowledge of the:

Joint Venture Summary By John Ford and David Lundsten (Cherry,Bekaert and Holland)

DEFENSE CONTRACT AUDIT AGENCY DEPARTMENT OF DEFENSE 8725 JOHN J. KINGMAN ROAD, SUITE 2135 FORT BELVOIR, VA

MEMORANDUM OF AGREEMENT BETWEEN THE DEPARTMENT OF HOMELAND SECURITY AND THE DEPARTMENT OF THE ARMY

January (1) CHAPTER 6. Table of Contents

Incurred Cost Submissions - It's Not Too Early!

September 16, (1) CHAPTER 6

Pre-Award Accounting Systems

CHAPTER 8. Table of Contents

Presented by: Laura Davis, President Strategic Consulting Solutions, Inc. PDS Consulting Solutions, LLC November 12, 2015

DCAA Our Role. Laura Cloyd-Hall, CPA, MBA John D. Mollohan II, CPA, CFE. Page 1. DCAA : Celebrating 50 Years of Excellence

Government Accounting, Estimating, and Billing Systems: Pitfalls and Answers

Basic Financial Requirements for Government Contracting

MINNESOTA DEPARTMENT OF HEALTH MASTER GRANT CONTRACT FOR COMMUNITY HEALTH BOARDS

CONNECTICUT DEPARTMENT OF TRANSPORTATION

Review of Consultant/Professional Services Cost Accounts

ADMINISTRATIVE PRACTICE LETTER

CHAPTER Preaward Surveys of Prospective Contractor Accounting Systems

REIMBURSEMENT MEMORANDUM OF AGREEMENT (STATE AND LOCAL GOVERNMENT ENTITY)

INVOICE/FINANCING REQUEST INSTRUCTIONS FOR NIH COST-REIMBURSEMENT TYPE CONTRACTS, NIH(RC)-1

AN INTRODUCTION TO FINANCIAL MANAGEMENT FOR GRANT RECIPIENTS

Department of Defense INSTRUCTION

Certificate of Accounting, Billing and Property System Adequacy

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards AT 2 CFR 200

COMMUNICATIONS & POWER INDUSTRIES ( CPI ) TERMS AND CONDITIONS OF PURCHASE

TOPIC 12 CONTRACT COST AND PRICE ANALYSIS

PAC B.03/ April 24, PAC-005(R) MEMORANDUM FOR REGIONAL DIRECTORS, DCAA HEADS OF PRINCIPAL STAFF ELEMENTS, HQ, DCAA

DCAA New Tactics in Obtaining Contractor Internal audit reports

UPL ADVISORY OPINION. UPL (April 2005) Tax Payer Representative s Requests

AGREEMENT WITH FOR PROFESSIONAL CONSULTANT SERVICES FOR

WHAT MAKES AN ACCOUNTING SYSTEM COMPLIANT

Terms and Conditions for Tax Services

You've successfully subscribed to this feed! Updated content can be viewed in Internet Explorer and other programs that use the Common Feed List.

Government Contract Accounting Are You DCAA Compliant? Procurement Technical Assistance Program (PTAP)

ENGAGEMENT LETTER. From: The Board of

Accounting System Requirements

Federal Single Audit Act Update

DOE Financial Management Handbook CHAPTER 23 STATEMENT OF COSTS INCURRED AND CLAIMED

Hotline Complaint Regarding the Defense Contract Audit Agency Examination of a Contractor s Subcontract Costs

FALSE CLAIMS ACT STATUTORY LANGUAGE

How to Establish an SBIR Accounting System that Can Withstand a Government Audit

THE DCAA AUDIT BECOMING DCAA COMPLIANT

Incurred Cost Submissions. John S. Sroka, CPA Acquisition Cost/Price Analyst

INVESTMENT MANAGEMENT AGREEMENT Client: Client and/or Spouse or Institutional Client

MACPA 2014 Government Contractors Conference. Current Accounting Issues

NOT ALL COMMUNITY SERVICES BLOCK GRANT RECOVERY ACT COSTS CLAIMED

DCAA and the Small Business Innovative Research (SBIR) Program

FINANCIAL MANAGEMENT GUIDE FOR NON-PROFIT ORGANIZATIONS

FAR UPDATE , Allowable Cost and Payment (Jun 2013)

24 CFR PART Procurement. States. Procurement standards.

FAR PART 31 & COST ACCOUNTING STANDARDS (CAS) An Overview

Contract Compliance and the Federal Acquisition Regulation (FAR)

Managing Cost Type Contracts

Overview of Federal Cost Allocation & Indirect Cost Rates (2 CFR Part 200) for The State of Washington

INVOICE/FINANCING REQUEST AND CONTRACT FINANCIAL REPORTING INSTRUCTIONS FOR NIH COST-REIMBURSEMENT CONTRACTS, NIH(RC)-4

Chapter 7 Compensation

Cost Accounting Standards Board; Accounting for the Cost of Employee Stock Ownership Plans.

Department of Defense DIRECTIVE

MEMORANDUM OF UNDERSTANDING Between Defense Contract Audit Agency and Department of Homeland Security

Strategic Implications of the New DFARS Business System Rule Co-presented by Venable LLP and Argy, Wiltse & Robinson June 12, 2012

COST PLUS AWARD FEE CONTRACT ADMINISTRATION DESKGUIDE

Commonwealth of Kentucky, hereinafter referred to at the University or as the First Party, and

How to Establish an SBIR Accounting System that Can Withstand a Government Audit

How to Survive a DCAA Audit

Supplier Representations and Certifications

PAS B.2.4 April 24, PAS-012(R)

ARMED SERVICES BOARD OF CONTRACT APPEALS

An organization which employs, or is about to employ, any of the above, has a financial or other interest in the firm selected for award.

SUMMARY: This rule implements provisions of the National Defense Authorization

AUDIT OF NASA GRANTS AWARDED TO THE PHILADELPHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION

How-To-Tutorial for MoDOT s Consultant Prequalification Process. How-To-Tutorial for MoDOT s Consultant Annual Financial Prequalification Process

TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM CHAPTER 1--FEDERAL ACQUISITION REGULATION

10/30/2015. Procurement Under the New Requirements. Why This Session Is Needed. Lesson Overview & Module Objectives. Changes to conflict of interest

NASA Office of Inspector General

Supplement 1 Federal Acquisition Regulation (FAR) Government Contract Provisions

H:\Cost\OMB\OMB completed templates\subpart F-Audit Requirements\Subpart F Audit Req Word Docs\Uniform-Guidance-Section_200.

Master Document Audit Program. Version 1.5, dated September 2015 B-01 Planning Considerations

CHAPTER 62B CREDIT INSURANCE

AN ACT IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

The Commonwealth of Massachusetts AUDITOR OF THE COMMONWEALTH

REQUEST FOR PROPOSALS

Transcription:

Understanding Unallowable Cost so You Don t Pay the Price

Identification and Definition of Unallowable Costs per CAS and FAR An unallowable cost is one that: Under the provisions of any pertinent law, regulation, or contract, cannot be included in prices, cost reimbursements, or settlements under a Government contract which it is allocable. An expressly unallowable cost is one that: Under a particular item or type of cost which under the express provisions or an applicable law, regulation, or contract, is specifically named and stated to be unallowable.

OMB Super Circular When the Cost Accounting Standards (CAS) are applicable to the contract, they take precedence over the requirements of this Part except for Subpart F Audit Requirements of this Part when they are in conflict Costs that are made unallowable under 10 U.S.C. 2324(e) and 41 U.S.C. 4304(a) as described in the FAR subpart 31.2 and subpart 31.603 are always unallowable

Accounting Treatment of Unallowable Costs CAS 405 - Accounting for Unallowable Costs Identification of costs specifically described as unallowable Cost accounting treatment for unallowable costs to promote consistent application Does not govern allowability

Statutes and Expressly Unallowable Costs FAR 52.242-4, Certification of Final Indirect Costs, requires a contractor to certify the indirect rate proposal does not include any costs which are expressly unallowable.

Enter Company Name Here Enter Company Location Here Certificate of Final Indirect Costs Fiscal Year End - mm/dd/yyyy This is to certify that I have reviewed this proposal to establish final indirect cost rates and to the best of my knowledge and belief: 1. All costs included in the proposal (identify proposal and date] to establish final indirect cost rates for (identify period covered by rate) are allowable in accordance with the cost principles of the Federal Acquisition Regulation (FAR) and its supplements applicable to the contracts to which the final indirect cost rates will apply; and 2. This proposal does not include any costs which are expressly unallowable under applicable cost principles of the FAR or its supplements. Firm: Signature: Name of Certifying Official: Title: Date of Execution:

Statutes and Expressly Unallowable Costs FAR 31.110 and 31.201-6, Indirect Cost Rate Certification and Penalties on Unallowable Costs, make reference to the penalty provisions within FAR 42.709 which incorporates 10 U.S.C 2324 Allowable costs under defense contracts (Armed Forces) 41 U.S.C 4303 Effect of submission of unallowable costs (Public Contracts) 10 U.S.C 2324 and 41 U.S.C 4303 prescribe penalties for submission of unallowable costs in final indirect cost rate proposals: Applies to all contracts in excess of $700,000 with FAR 52.242-3, Penalties for Unallowable Costs. Doesn t apply to fixed-price contracts without cost incentives or firm-fixedprice contracts for the purchase of commercial items.

Statutes and Expressly Unallowable Costs Both 10 U.S.C 2324 and 41 U.S.C 4303 identify costs not allowable under a covered contract: 17 categories of costs are identified as not allowable. Categories in both statutes are the same; only compensation differs in content. Statutes don t make reference to any specific cost principle within FAR 31.205, Selected Costs. To add confusion, the 46 areas of costs within FAR 31.205 can be categorized as: Allowable Unallowable Allowable or Unallowable with exceptions or limitations

Penalties for Expressly Unallowable Costs An expressly unallowable indirect cost under a cost principle in the FAR, or an executive agency supplement to the FAR is subject to a penalty that is equal to: The amount of the disallowed costs allocated to contracts for which an indirect cost proposal has been submitted; plus Interest on the paid portion of the disallowance First-level penalty If the indirect cost has previously been determined to be unallowable before the submission of such proposal, the penalty assessed should be: An amount equal to two times the amount of the disallowed cost Interest on the paid portion of the disallowance Second-level penalty

Penalties for Directly Associated Costs Directly associated cost means any cost which is generated solely as a result of the incurrence of another cost, and which would not have been incurred had the other cost not been incurred. Generally, costs directly associated with expressly unallowable costs are not to be included in the computation of any penalty assessment. Exception when the directly associated costs meets any of the criteria: A DCAA Form 1 or advisory memorandum, Notice of Contract Costs Suspended and/or Disapproved, or any similar notice which the contractor elected not to appeal and was not withdrawn by the cognizant Government agency. A contracting officer final decision which was not appealed. A prior executive agency Board of Contract Appeals or court decision involving the contractor, which upheld the cost disallowance. A determination or agreement of unallowability under FAR 31.201-6.

Directly Associated Costs-Court Case Raytheon Co., ASBCA Nos. 57576 et al. (June 2015) Expressly unallowable costs are narrowly defined Direct and unmistakable terms No violation of CAS 405 Not subject to penalty

Sampling and Expressly Unallowable Costs Key items to consider within FAR 31.201-6, Accounting for Unallowable Costs: Indirect costs tested to be unallowable in sample are projected to the universe as total questioned costs. For indirect costs tested to be unallowable and subject to the penalty provisions at 42.709, the amount projected to the sampling universe from that sampled cost is also subject to the same penalty provisions.

DCAA Guidance DCAA CAM Chapter 6 Incurred Cost Audit Procedures Adequate point of entry or interim screening to identify and segregate expressly unallowable costs, including costs that are mutually agreedto-be unallowable, for most of its accounts CAM Chapter 6 provides examples of costs declared expressly unallowable DCAA CAM Chapter 7 Selected Areas of Cost Discusses items of cost and accounting methods requiring special attention. Follows the guidelines of FAR Part 31 and the penalty provisions in FAR 42.709 and include language specific to those called expressly unallowable within the selected areas of cost.

DCAA Guidance MRD 14-PAC-021 Provides listing of cost principles from FAR 31that meet definition of expressly unallowable costs MRD 14-PAC-022 Stated in direct terms that costs are unallowable Identifies specific cost or type of cost in way that leaves little room for interpretation

Notable Case Law Addressing Expressly Unallowable Costs General Dynamics Corp., ASBCA, No. 49372 The board noted Congress adopted an "expressly unallowable" standard for assessing penalties pursuant to 10 U.S.C 2324 to make clear a penalty should not be assessed where reasonable differences of opinion existed with respect to the allowability of costs. Because the costs were the subject of serious and reasonable disagreement between the parties, and in light of analyzed statues, regulations, and the parties settlement agreement, the contractor s position with respect to the allowability of the costs was sound. [T]he Government must show that it was unreasonable under all the circumstances for a person in the contractor s position to conclude that the costs were allowable

Notable Case Law Addressing Expressly Unallowable Costs Fiber Materials, Inc., ASBCA, No. 53616 A board of contract appeals overturned the assessment of penalties imposed for including disallowed costs in indirect cost rates because some costs were allowable and the disallowed costs were either sufficiently colorable to preclude penalties or under $10,000. Incorporated General Dynamics Corp., ASBCA ruling citing the adoption of the expressly unallowable standard by Congress The Government must show that it was unreasonable under all the circumstances for a person in the contractor's position to conclude that the costs were allowable. The scope of the inquiry will vary with the clarity and complexity of the particular cost principle and the circumstances involved. Emerson Elec. Co., ASBCA, No. 30090 With regard to CAS 405, the CAS Board clearly intended the word expressly in the phrase expressly unallowable cost to be understood in the broad dictionary sense, rather than as a term of art having some special, subtle meaning. According to the CAS Board, the unallowability of a cost item must be expressed in either direct or unmistakable terms Incorporated the phrase clear beyond cavil to describe how a particular cost is expressly unallowable

Ways to Avoid and Eliminate Unallowable Costs Know when contracts are awarded and understand the terms/clauses contained within those contracts. Develop sound internal controls to identify and exclude unallowable costs from submissions. Train employees to understand, identify and properly record unallowable costs. Develop and utilize sampling techniques, when appropriate, to identify and/or scrub for unallowable costs. Use capabilities within the accounting system (i.e., accounts, cost centers, project codes, business activities) to segregate unallowable costs

Contact Information Noah Leiden, CPA Partner (703) 923-8321 Noah.Leiden@bakertilly.com Drew Lewis, CPA Manager (703) 923-8641 Drew.Lewis@bakertilly.com Baker Tilly Government Contractor Advisory Services http://bakertilly.com/industries/government-contractors