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Government Contract Regulatory Compliance

Final Rule – Treatment of IR&D costs

by Chess Consulting | Mar 24, 2023 | Government Contract Regulatory Compliance

The Department of Defense (“DoD”) issued its final rule on January 31, 2023, made effective on the same date, implementing section 824 of the National Defense Authorization Act (“NDAA”) for fiscal year 2017. Significant to the new rule is the added requirement for...

Finding or Building the Right Cybersecurity Framework for Your Organization

by Chess Consulting | Jan 4, 2023 | Cybersecurity

Numerous IT and cybersecurity frameworks exist that have been developed to assist organizations in implementing and validating controls to secure their information and systems. These frameworks have been built on best practices to prevent or mitigate threats and...

DOD Guidance – Managing Inflation on Contracts

by Chess Consulting | Nov 21, 2022 | Government Contract Regulatory Compliance

Inflation is impacting everyone, and government contractors are no exception. The Department of Defense (“DoD”) Principal Director, Defense Price and Contracting recently released a memo reiterating that while contractors performing under firm fixed price contracts...

2022 NDAA – Changes to Other Transaction Authorities

by Chess Consulting | Apr 21, 2022 | Government Contract Regulatory Compliance

The 2022 National Defense Authorization Act (NDAA) addresses Other Transaction Authorities (OTAs) in an attempt to increase oversight, transparency, and clarification on current rules, expand access for OTAs within the Cyber Security field, and increase focus on...

PPP Forgiveness, Claimed Cost, and Incurred Cost Submissions

by Chess Consulting | Jan 21, 2022 | Government Contract Regulatory Compliance

To combat the economic damage of the COVID-19 pandemic, the Federal Government passed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. As part of the CARES Act, the Paycheck Protection Program (“PPP”) was created to provide loans to businesses,...

Incurred Cost Submission

by Chess Consulting | Dec 10, 2021 | Government Contract Regulatory Compliance

To assist emerging government contractors with the Incurred Cost Submission (“ICS”) process we have compiled responses to a few of the questions we are commonly asked. Listed below are these questions and responses. If you need further assistance or have additional...
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