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,...
by Chess Consulting | Jul 31, 2024 | Government Contract Regulatory Compliance
Over the last few years many government contractors have been evaluating and adjusting their office footprint as a result of increased remote work. During this time many have been wondering when the Defense Contract Audit Agency (“DCAA”) would shift their focus to...
by Chess Consulting | Jan 29, 2024 | Government Contract Regulatory Compliance
Focused due diligence and a carefully negotiated agreement can help mitigate risks for government contractors engaged in a merger or acquisition. The U.S. government contracting market has continued to see significant M&A activity from both private equity and...
by Chess Consulting | Dec 7, 2023 | Government Contract Regulatory Compliance, Complex Accounting and Risk Management
Over the years in working with varying clients and meeting Government Contract Compliance (“Compliance”) and Internal Audit (“IA”) leadership, we continue to find that in many cases these functions/organizations rarely communicate and seem to be fairly siloed with...
by Chess Consulting | Sep 5, 2023 | Government Contract Regulatory Compliance
The U.S. federal government mandates certain wage standards for companies performing on government contracts. Two of the most significant pieces of legislation in this realm are the Service Contract Labor Standards (SCLS), formerly the Service Contract Act, and the...
by Chess Consulting | Apr 7, 2023 | Government Contract Regulatory Compliance, Cybersecurity
When preparing for the evaluation of an organization’s cybersecurity capabilities against a regulatory framework, the amount of supporting documentation to be considered can seem overwhelming. To assist in getting one’s arms around the scope of activities involved in...
