by Chess Consulting | Feb 3, 2026 | Government Contract Regulatory Compliance
On April 9, 2025, the Navy outlined aggressive goals to boost shipbuilding capacity—one Columbia-class and two Virginia-class submarines annually, along with advancing Ford-class carriers and Flight III destroyers. Meeting these targets requires expanding supply...
by Chess Consulting | Jan 23, 2026 | Government Contract Regulatory Compliance
On January 7, 2026, the Executive Order (EO) titled “Prioritizing the Warfighter in Defense Contracting” was issued, setting forth several policy priorities relevant to major defense contractors. The EO identifies four areas of focus (see Section 3(a) of EO) that may...
by Chess Consulting | Dec 16, 2025 | Government Contract Regulatory Compliance
December 5, 2025 marked a major shift for small business contractors as the U.S. Small Business Administration (SBA) issued letters to every firm in the 8(a) Business Development Program requiring submission of financial records within 30 days. By January 5, 2026, all...
by Chess Consulting | Jul 18, 2025 | Government Contract Regulatory Compliance
In March 2025 the Defense Contract Audit Agency (DCAA) released its Annual Report to Congress. The report covers the Agency’s audit activities in FY 2024 and plans for FY 2025. The areas addressed in the report include Forward Pricing, Incurred Cost, Claims and...
by Chess Consulting | Apr 23, 2025 | Government Contract Regulatory Compliance
On January 17th, 2024, the Cost Accounting Standards Board (CASB) issued an advanced notice of proposed rulemaking (ANPRM) regarding proposed changes to the Cost Accounting Standards (CAS). These proposed changes relate to CAS 404: Capitalization of Tangible Assets...
by Chess Consulting | Sep 26, 2024 | Government Contract Regulatory Compliance
In March 2024 the Defense Contract Audit Agency (DCAA) released its Report to Congress. The report covers the Agency’s audit activities in FY 2023 and plans for FY 2024. The areas addressed in the report include Forward Pricing, Incurred Cost, Claims and Terminations,...
