Pricing and Cost Accounting

A Handbook for Government Contractors

Author: Darrell J. Oyer,Darrell J. Oyer CPA

Publisher: Berrett-Koehler Publishers

ISBN: 1523096691

Category: Business & Economics

Page: 304

View: 4780

The essential reference to help federal contractors negotiate and maintain profitable contracts—Now in its third edition! This is the essential reference to help federal contractors negotiate and maintain profitable contracts—and remain in compliance throughout the life of the contract. Government contracting rules and regulations have changed significantly over the past six years. This new third edition addresses these changes and more: New thresholds for certification of cost and pricing data Revisions in cost accounting standards Implementation of commercial time-and-material and labor-hour contracts New, stringent ethics requirements Impact of stimulus funding Revised cost principles, including excessive pass-through costs, post-retirement benefits, and travel costs Redirected audit initiatives based on the GAO review of DCAA Plus…changed requirements for bidding…pricing…cost accounting…subcontracting…contract modification…all the information you need to be in compliance with the new rules. No other single book provides as much up-to-date federal procurement cost and pricing information in such a concise - yet comprehensive - format.
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Cost-Based Pricing

A Guide for Government Contractors

Author: Darrell J. Oyer,Darrell J. Oyer CPA

Publisher: Berrett-Koehler Publishers

ISBN: 1523097159

Category: Business & Economics

Page: 376

View: 706

This master reference is essential if you contract with the government! Correctly pricing your goods or services—and making certain that those prices are in compliance with myriad federal rules and regulations—is essential to doing business with the government…and ensuring your commercial success. Cost-Based Pricing: A Guide for Government Contractors shows you how to appropriately estimate and price for government contracts and defend those estimates in a government contracting and subcontracting environment. This practical book includes coverage of all government pricing rules and regulations as well as pertinent aspects of related laws, such as the Truth in Negotiations Act. The book walks you through every step of the estimating process. From figuring direct labor costs to intra-company transfers to contract modifications, the coverage is extensive yet accessible for even those new to the process. Using Cost-Based Pricing, you will be able to: • Develop more realistic estimates • Enhance your support of those estimates in negotiations • Avoid violations of the Truth in Negotiations Act • Increase your chances of securing a fair and reasonable price Cost-Based Pricing: A Guide for Government Contractors can make the difference between your success—and profitability—and failure in the federal government arena.
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Financial Management in Construction Contracting

Author: Andrew Ross,Peter Williams

Publisher: John Wiley & Sons

ISBN: 1118537971

Category: Technology & Engineering

Page: 456

View: 1410

This authoritative text provides a detailed insight into how construction companies manage their finances at both corporate and project level. It will guide students and practitioners through the complexities of the financial reporting of construction projects within the constraints of accepted accounting practice. The book is written for non-accountants and from a contractor’s perspective and is equally relevant to subcontractors and main contractors. The authors examine the relationship between the external annual accounts and the internal cost-value reconciliation process. CVR is covered in depth and the authors consider issues such as interim payments, subcontract accounts, contractual claims, final accounts, cash flow management and the reporting of the physical and financial progress of contracts. A broad perspective of all the financial aspects of contracting is taken along with related legal issues and the authors explain how things operate in the ‘real world’. They describe good practice in financial control while at the same time being honest about some of the more questionable practices that can - and do - happen. The approach taken is unique as the financial management of construction projects is considered from the perspective of the contractor’s quantity surveyor. The book deals with the real issues that surveyors have to address when using their judgment to report turnover, profitability, cash flow, and work in progress on projects and the financial problems faced by subcontractors are frankly and pragmatically explored. The payment and notice requirements of the Construction Act are explained in detail and relevant provisions of JCT2011, NEC3, ICC, DOM/1 and other standard contracts and subcontracts are also covered. Financial Management in Construction Contracting addresses the wide variety of external factors that influence how construction companies operate, including government policy, banking covenants and the financial aspects of supply chain management. Cost reporting systems are described and real-life examples are used to illustrate cost reports, accrual systems and how computerised systems can be employed to provide the QS with information that can be audited. Examples drawn from practice demonstrate how work-in-progress (WIP) is reported in contracting. Cost value reconciliation reports are featured and the book demonstrates how adjustments are made for overmeasure, undermeasure, subcontract liabilities and WIP as well as explaining the processes that contractors use when analysing external valuations. This is the ideal core text for final year degree and post-graduate level modules on Quantity Surveying, Commercial Management, Construction Management and Project Management courses and will provide an invaluable source of reference for quantity surveyors and others who may be engaged in the financial management of construction projects. The book’s companion website at www.wiley.com/go/rossfinancialmanagement offers invaluable resources for students and lecturers as well as for practising construction managers: end-of-chapter exercises + outline answers PowerPoint slides for each chapter ideas for discussion topics links to useful websites
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Federal Contracting Answer Book

Author: Terrence M. O'Connor

Publisher: Berrett-Koehler Publishers

ISBN: 1523096683

Category: Business & Economics

Page: 456

View: 6414

Thousands of contracting professionals have relied on the Federal Contracting Answer Book as their trusted guide to the highly regulated world of government procurement. In each edition the book has offered timely and accurate answers to the questions that arise daily in this complex field. Now in its third edition, this answer book is even more comprehensive. Written by experts who have extensive experience working in and teaching government contracting, the book includes all the latest changes and requirements. The question-and-answer format enables quick look-up and a concise presentation of the information. In this edition, new questions and answers have been added on avoiding proposal errors, debriefings, procurement vocabulary, regulatory changes, and best practices. In addition to these updates and revisions, the third edition includes new chapters on earned value management, GSA schedules, and contractor qualifications.
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Federal Contracting Made Easy

Author: Scott A. Stanberry

Publisher: Berrett-Koehler Publishers

ISBN: 1567263895

Category: Business & Economics

Page: 346

View: 9240

Federal contracting . . . easy? With the fourth edition of Federal Contracting Made Easy, it is! Whether or not you consider federal contracting easy, it is certainly easier with this guide. Used successfully by thousands of contractors and feds, this book offers practical, hands-on, no-nonsense advice. Now in its fourth edition, Federal Contracting Made Easy lays out the entire federal contracting process in a readable and easy-to-understand style. This book covers how government procurement works, what you can do to cut though the red tape to speed your way to winning a contract, who the key players are, and tips for overcoming obstacles. New in this edition: • Discussion of government-wide acquisition contracts (GWACs) • Updates on women-owned small business • New status of service-disabled veteran-owned small business • Expanded list of relevant websites and resources • Introduction to the new System for Award Management (SAM) Whether you are about to enter the competitive world of federal contracting or have been bidding for contracts for years and are now looking for updated information and ideas, this is the book you need. The federal government awards billions of dollars in contracts for goods and services every year. This book will help you win a piece of that business.
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Accounting Policies and Procedures

For Small Government Contractors Working with the DCAA and Other Government Agencies

Author: Stephen A. Avery

Publisher: N.A

ISBN: 9781530227754

Category:

Page: 346

View: 2296

This is the first guide to implementing a complete set of policies and procedures for small government contractors working with the Defense Contract Audit Agency (DCAA), the Defense Contract Management Agency (DCMA) and other government agencies. The work covers major areas to include: Billing, Timekeeping, Cost Accounting, and 35 additional areas relevant to small company financial management and contractor compliance. The format is simple: Government Requirements: Statute, Regulations, and Guidance are replicated within the work and directly associated with the relevant section such as Timekeeping or Billing. Discussion: The government requirements are discussed and explained in terms that small contractors can translate into real business practices. Sample Policies and Procedures: Page after page of usable polices and procedures supplemented by flowcharts are included for each subject area. Registered purchasers of the new book from Amazon receive electronic copies of the entire sample polices and procedures to include the flowcharts for their customization. Electronic copies of the policies and procedures are available to registered owners of the book purchasing the current edition (new) from Amazon directly. Purchase of used copies or copies from vendors other than Amazon on the Amazon website do not qualify for electronic copies or updates. Contact the author at [email protected] with additional questions about receiving the electronic copies.
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The Small-Business Guide to Government Contracts: How to Comply with the Key Rules and Regulations . . . and Avoid Terminated Agreements, Fines, Or Wo

Author: Steven J. Koprince

Publisher: Thomas Nelson

ISBN: 9780814439722

Category: Business & Economics

Page: 354

View: 4480

The Small-Business Guide to Government Contracts puts a wealth of specialized legal counsel at readers' fingertips. It's the one book that looks beyond winning a piece of the $500 billion pie and concentrates on the crucial but complex Federal Acquisition Regulation and other rules required for keeping the contract alive and avoiding penalties.
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Cost-Reimbursement Contracting

Author: Ralph C. Nash Jr,John C. Cibinic Jr,John Jr. Cibinic

Publisher: CCH Incorporated

ISBN: 9780808034087

Category: Business & Economics

Page: 1464

View: 4946

This seminal text was originally authored by John Cibinic, Jr. and Ralph C. Nash, Jr., Professors and co-founders of the Government Contracts Program at the National Law Center of George Washington University. Now in its Fourth Edition, it is fully updated by Professor Nash and Steven Knight, also a successful attorney and teacher on government contracts law and policy. Cost-Reimbursement Contracting, contains material on the formation of cost-reimbursement contracts as well as their administration from cradle to grave, with special emphasis on the detailed rules governing the allowability of costs. The book is organized in a clear and logical manner, and makes use of a large number of headings and subheadings to distinguish among the numerous detailed issues that arise in this area. The headings and subheadings also appear in a detailed table of contents, which provides a clear roadmap that shows the fundamental logic of each chapter. A comprehensive subject index can also be used to locate specific topics. In addition to fully updating the text, this new edition adds citations to hundreds of relevant statutes and regulations, as well as court, administrative board, and Government Accountability Office decisions, that were issued since the last edition was published. These citations provide and excellent source for additional research on relevant issues. This comprehensive text will save the reader countless hours and significant effort in researching important issues and legal precedent related to cost-reimbursement contracts. In addition, detailed familiarity with the content will help the reader gain important knowledge and insight, and establish expertise, in this complicated area of government contracting.
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The Government Contracts Reference Book

A Comprehensive Guide to the Language of Procurement

Author: CCH Incorporated,Ralph C. Nash,Ralph C. Nash, Jr.,Steven L. Schooner,Karen R. O'Brien-DeBakey

Publisher: Aspen Publishers

ISBN: 9780808028956

Category: Law

Page: 560

View: 348

Save time and eliminate errors with this quick-reference, A-Z guide to the language of procurement! Successful government contracting requires the use of precise, up-to-date terminology, as well as a firm understanding of current regulatory and case law. This quick-reference guide saves time and makes your job easier by providing ready definitions for more than 1500 terms, phrases and acronyms used in government procurement. Completely up-to-date terminology reflects statutory and regulatory changes, including some 600 terms relating directly to the rules and procedures mandated by various statutes and regulations, including: the Federal Acquisition Streamlining Act, the Clinger-Cohen Act, the Federal Acquisition Regulation and agency FAR supplements. Written by preeminent experts on government contracts, Ralph C. Nash, Jr., Karen O'Brien-DeBakey, and Steven L. Schooner, The Government Contracts Reference Book provides clear explanations for general terms related to government procurement, as well as agency-specific terms from the Department of Defense, General Services Administration, Department of Energy, other agencies. Each explanation includes a summary of where the term is used in the statutes or regulations, including citations to the source documents. Organized in an easy-to-use alphabetical format and fully cross-referenced, this essential reference will help you manage all aspects of the procurement process with greater efficiency and confidence. The ideal starting point for further research! When you need to explore a term or topic further, The Government Contracts Reference Book serves as an invaluable research tool. You'll find: Current citations to FAR, DFARS, DEAR, NFS and other regulations, as well as to pertinent statutes, federal court decisions, administrative board decisions, and other important material Frequent references to sources of additional information, including some 50 texts, scores of articles from more than 30 different periodicals and many other types of documents issued by both government and private industry Web and Internet addresses for dozens of government and industry resources are also included Cross-references provided in ALL CAPS for ease of use
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The Essentials of Finance and Accounting for Nonfinancial Managers

Author: Edward Fields

Publisher: AMACOM

ISBN: 0814436951

Category: Business & Economics

Page: 336

View: 3933

Numbers don't lie-when you know how to read them. Frustrated by financial statements? Dread the budget process? The Essentials of Finance and Accounting for Nonfinancial Managers is here to help. This new edition of a business classic demystifies finance and accounting and gives managers the tools they need make better decisions. Packed with fresh insights and the latest information on accounting regulations, international accounting practices, and global business trends, the book reveals how to: * Understand the fundamentals of financial analysis, budgeting, and forecasting * Interpret balance sheets, income/cash flow statements, and annual reports * Sift through conflicting data to find the most relevant figures * Locate key information about competitors and suppliers * Analyze variances and calculate break-even points and other vital measures * And much more Expanded case studies and practice exercises reinforce the lessons and let you strengthen your skills. Imagine the impact when you grasp not only what the numbers mean-but how you can use that intelligence to drive your business forward.
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Government Contracts in a Nutshell

Author: Steven W. Feldman,W. Noel Keyes

Publisher: West Academic Publishing

ISBN: 9780314268518

Category: Law

Page: 702

View: 530

Summarizes the Federal Acquisition Regulation System (FARS), improper business practices and personal conflicts of interest, publicizing contract actions, outsourcing/privatization, and competition requirements. Addresses acquisition plans, contractor qualifications, contract delivery, and performance. Explains socio-economic policies, commercial items, options, sealed bidding, and negotiation. Reviews general contracting requirements, intellectual property, cost accounting standards, cost principles, financing, protests, disputes, and appeals. Explores research and development contracting, construction and architect-engineer contracts, inspection and warranty, value engineering, delays, suspension of work, modifications, subcontracting, and government contract termination.
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Collaborative Governance

Private Roles for Public Goals in Turbulent Times

Author: John D. Donahue,Richard J. Zeckhauser

Publisher: Princeton University Press

ISBN: 9781400838103

Category: Business & Economics

Page: 296

View: 4891

All too often government lacks the skill, the will, and the wallet to meet its missions. Schools fall short of the mark while roads and bridges fall into disrepair. Health care costs too much and delivers too little. Budgets bleed red ink as the cost of services citizens want outstrips the taxes they are willing to pay. Collaborative Governance is the first book to offer solutions by demonstrating how government at every level can engage the private sector to overcome seemingly insurmountable problems and achieve public goals more effectively. John Donahue and Richard Zeckhauser show how the public sector can harness private expertise to bolster productivity, capture information, and augment resources. The authors explain how private engagement in public missions--rightly structured and skillfully managed--is not so much an alternative to government as the way smart government ought to operate. The key is to carefully and strategically grant discretion to private entities, whether for-profit or nonprofit, in ways that simultaneously motivate and empower them to create public value. Drawing on a host of real-world examples-including charter schools, job training, and the resurrection of New York's Central Park--they show how, when, and why collaboration works, and also under what circumstances it doesn't. Collaborative Governance reveals how the collaborative approach can be used to tap the resourcefulness and entrepreneurship of the private sector, and improvise fresh, flexible solutions to today's most pressing public challenges.
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Project and Cost Engineers' Handbook, Third Edition,

Author: Kenneth King Humphreys,Lloyd M. English

Publisher: CRC Press

ISBN: 9780824787462

Category: Business & Economics

Page: 312

View: 2152

Designed as a day-to-day resource for practitioners, and a self-study guide for the AACE International Cost Engineers' certification examination. This third edition has been revised and expanded, and topics covered include project evaluation, project management, and planning and scheduling.
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Occupational Outlook Handbook, 1994-1995

Author: DIANE Publishing Company

Publisher: DIANE Publishing

ISBN: 9780788107948

Category:

Page: 350

View: 2051

A nationally recognized, best-selling reference work. An easy-to-use, comprehensive "encyclopedia" of today's occupations & tomorrow's hiring trends. Describes in detail some 250 occupations -- covering about 104 million jobs, or 85% of all jobs in the U.S. Each description discuses the nature of the work; working conditions; employment; training, other qualifications, & advancement; job outlook; earnings; related occupations; & sources of additional information. Revised every 2 years.
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Administration of Government Contracts

Author: John Cibinic,Ralph C. Nash,James F. Nagle

Publisher: CCH Incorporated

ISBN: 0808014358

Category: Business & Economics

Page: 1414

View: 401

This unbiased analysis of statutes, regulations, and case law clarifies the complex rules of federal procurement policies, explaining the processes that government personnel and contractors must follow in every aspect of government contracting--from inception to completion. Topics include contract administration and personnel, contract interpretation, risk allocation, changes, delays, pricing of adjustments, and much more.
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Federal Construction Contracting Made Easy

Author: Stan Uhlig

Publisher: Berrett-Koehler Publishers

ISBN: 1523097086

Category: Business & Economics

Page: 384

View: 7286

Follow the Path to Success in Federal Construction Contracting Opportunities abound in federal government construction contracting, but the devil is in the details. Companies performing work for the federal government must plan and operate based on very specific guidelines and regulations. Knowing how to work within those strict parameters makes the difference between success and failure. Federal Construction Contracting Made Easy is your road map to successfully identifying, planning, and completing government construction projects. This book guides you in finding opportunities, preparing winning proposals, and staying in compliance on construction projects. It is the one resource you will need to work in this competitive arena. The book provides guidance on: • Understanding the Federal Acquisition Regulation and knowing when and how to use it for your benefit and protection • Preparing quality control and safety programs that comply with federal regulations and processes • Determining when a change order is required and how to price and properly process • Identifying a claim and knowing how to process it Federal Construction Contracting Made Easy is an invaluable resource for construction firms, architect/engineer firms, subcontractors, and vendors that want to do business with the federal government. Plus! A handy glossary of terms is included. Bonus: Federal Construction Contracting Made Easy: A Field Guide to the FAR is available as a supplement for project superintendents.
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Accounting for Government Contracts--Cost Accounting Standards

Author: Lane K. Anderson

Publisher: LexisNexis

ISBN: 1579110509

Category: Law

Page: 1430

View: 1510

Comprehensive and detailed analysis for implementing, complying and keeping current with Cost Accounting Standards for federal government procurement contracts. • Applicability of standards and regulations to contractors and contracts • Explanation of procedures involved in preparing cost impact proposals and making contract price adjustments • Comprehensive analysis and commentary on each standard along with dozens of detailed examples • Discussion of the Federal Acquisition Regulation and significant regulatory issues that affect Cost Accounting Standards
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