Entries by kbedard

New System for Award Management (SAM) Registration

Important Notice Regarding New System for Award Management (SAM) Registration: The General Services Administration (GSA) has recently noted an increase in third-party fraudulent activity within SAM. GSA has launched an investigation into third-party registrations, deactivated affected SAM entity registrations, and advised the affected entities to validate their registration information in SAM, particularly their financial information […]

Common Preparation Pitfalls with the Final Indirect Cost Rate Proposal

Common Preparation Pitfalls with the Final Indirect Cost Rate Proposal Each year, Capital Edge works with numerous companies either developing, assisting with, or reviewing their final indirect cost rate proposals. The requirement to submit a final indirect cost rate proposal, more commonly referred to as the “ Incurred Cost Proposal or Incurred Cost Submission (ICS) […]

Capital Edge Sponsors March Workshop Presented by the National Contract Management Association’s Boston Chapter

Capital Edge Continues Commitment to Educating Contract Management Professionals through Workshop Sponsorship McLean, VA – March 1, 2018 – Capital Edge Consulting, Inc., a global consulting firm that specializes in helping federal government contractors solve complex business problems, recently announced that the company is a sponsor of, and presenter at, the 57th Annual March Workshop […]

FY 2018 NDAA – House Section 874 (Engrossed)

The House version of the National Defense Authorization Act (NDAA) for fiscal year 2018 contains a provision (Section 874) to repeal contractors’ ability to utilize commercial auditors for purposes of auditing their annual incurred cost proposals.  Specifically, Section 874 of the 2018 NDAA would strike in its entirety subsection (f) of Section 820 of the […]

FY 2018 NDAA – Title VIII — Acquisition Policy, Acquisition Management, and Related Matters

December 12, 2017 President Trump signed the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2018. This signed legislation contains several notable provisions to introduce new or modify existing U.S. federal government contracting compliance requirements. Summarized below are some of the pertinent compliance requirements anticipated for change in the near term: Performance of Incurred […]

FY 2018 NDAA Change to Procurement Thresholds

On December 12, 2017, the 2018 National Defense Authorization Act (NDAA) was signed into law by President Trump. Title VIII of the NDAA contains many provisions designed to reduce burdensome regulation and improve the procurement process. Section 805, 806, and 811 would increase the Micro-Purchase Threshold (MPT) from $3,500 to $10,000, Simplified Acquisition Threshold (SAT) […]

Section 809 Panel Advisory Report – Section 2 – Contract Compliance and Audit

What was Reported? The Section 809 Advisory Panel, established under Section 809 of the National Defense Authorization Act (NDAA) for Fiscal Year 2016, issued January 31, 2018, their Volume 1 of 3 Report of the Advisory Panel on Streamlining and Codifying Acquisition Regulations (Report). The eight-section Report addresses various aspects of the Department of Defense (DoD) acquisition process […]

DoD issues a final rule relating to commercial item acquisitions

By Paul M. Bailey, CPA, Managing Director and S. Chase Kunk, J.D., Vice President, Contracts & Procurement DoD issued a final rule, published and effective today, January 31, 2018 to implement sections of the National Defense Authorization Act for Fiscal Years 2013, 2016 and 2018 relating to commercial item acquisitions. About the proposed rule: The […]

PSC Highlights Impact on Contractors as FY18 NDAA is Signed into Law

December 12, 2017 Arlington, V.A. (Dec. 12, 2017) – PSC today welcomed the president’s signing of the Fiscal Year 2018 National Defense Authorization Act (NDAA), which authorizes national security funding, provides policy direction, and significantly changes rules governing how contractors provide services and ensure mission success for the Department of Defense. “The FY18 NDAA has a […]

New Proposed Rule by the Veterans Affairs Department to revise or remove any policy that has been superseded by changes in the Federal Acquisition Regulation (FAR)

Revise and Streamline VA Acquisition Regulation To Adhere to Federal Acquisition Regulation Principles SUMMARY: The Department of Veterans Affairs (VA) is proposing to amend and update its VA Acquisition Regulation (VAAR). Under this initiative all parts of the regulation are being reviewed in phased increments to revise or remove any policy that has been superseded […]