Effective application of U.S. Gov. requirements transforms regulations into compliant cost structures that support strategic objectives
Government contract compliance can be led by either the CFO, Controller, CAO, or Legal teams and involves the intersection of government contract regulatory compliance as well as financial cost accounting, pricing, and business systems requirements.
The compliance function plays an important role in the success of U.S. Government contractors 鈥� with effective interpretation and application of U.S. Government contract requirements, it can transform regulations into competitive indirect rates, effective cost structures, and approved business systems聽required by the Federal Acquisition Regulations (FAR), Cost Accounting Standards (CAS), among others.
The pressures on today鈥檚 U.S. Government contractors seem to increase almost daily. They must deal not only with market challenges such as global competition, vertical integration, and cyber espionage; but also with increasing demands by government officials and other stakeholders to secure supply chains and safeguard U.S. critical technology information while improving the value of their business.
These demands from government officials and stakeholders derive from the set of clauses found in Government contracts which vary depending on the contract vehicle, acquisition method and government customer. This is where our Government Contractor Services (GCS) can help. Our GCS professionals provide a wide lens customized to client strategic objectives on U.S. Federal regulatory matters by combining the experience of senior-level industry executives; U.S. Government auditors and contracting officers; and an extensive library of industry leading聽practices.
We enable our clients鈥� success from 3 different perspectives:
Buy Side/Sell Side | Capital Market Readiness | Technical Accounting |
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鈬� Are you planning to expand or exit the U.S. Government contracts, agreements, or grants marketplace? 鈬� Does the Deal involve government contractors, or integration activities requiring TSA/ITSA鈥檚? | 鈬� Do you have Government contracts and are you planning to go public? | 鈬燚o you want to improve price competitiveness, expand your contract vehicles, or partner with the U.S. Government to develop new products? 鈬燚o you want to consider funding your business with foreign investors? 鈬燞ave you received notice of an upcoming聽 Government audit? |
鈽� Gov. contract risk due diligence 鈽懧燫eview TSA/ ITSA agreements for government compliance and maximum cost recovery 鈽懧燬upport integration activities with industry leading practices, benchmarks for government contractors 鈽� Support combining cost accounting聽and indirect rate structure due to聽realignment 鈽� Department of Defense (DoD) business processes integration 鈽� Mandatory cost and regulatory submissions 鈽� Cost recovery defense strategy | 鈽懧燙ost accounting structure optimization and realignment 鈽懧燤andatory cost and regulatory submissions on cost structure realignments 鈽懧燚oD business processes internal control framework alignment with Sarbanes-Oxley | 鈽懧燙ost accounting structure optimization and realignment 鈽懧燙ontract vehicle expansion assessment 鈽懧燙ost share arrangement and grant compliance 鈽懧燦ational security services 鈽懧燗udit readiness assessments |
Our team can assist clients and 乐鱼(Leyu)体育官网 teams connecting the regulatory dots, creating value, and mitigating compliance risks with the U.S. Government |